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Miles Croally

Miles Croally represents wife who successfully resisted husband’s trustees in bankruptcy claim over his share in matrimonial home

Miles Croally acted for a wife who successfully defended her husband’s trustees in bankruptcy’s claim about his share in the matrimonial home. The couple had previously agreed to reallocate equitable shares in the co-owned matrimonial home from 50%-50% to 98%-2% in favour of the wife. The trustees in bankruptcy applied under section 339 of the Insolvency Act 1986 claiming the transaction had been at an undervalue.