Preference Developments.

Mondaq Business BriefingNbr. 2007, January 2007

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Summary


Nicholas Clark is an employee of Cityspan Limited

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Extract


Preference Developments.

Timothy Brown (as Liquidator of Cityspan Limited) v Nicholas Clark

Unreported - 4 April 2007

Cityspan Limited ("Cityspan") carried on a business as the owner and operator of public houses. Cityspan purchased two public houses which were funded in part by a bank loan and in part by a loan from one of its directors, Mr Clark. Cityspan was unable to operate the public houses at a profit an...

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