| Re Cheyne Finance plc | |
| Court: | High Court |
| Citations: | [2007] EWHC 2402 (Ch), [2008] BCC 182, [2008] 1 BCLC 741, [2008] Bus LR 1562, [2008] 2 All ER 987 |
| Judges: | Briggs J |
| Keywords: | Cash flow test |
Re Cheyne Finance plc . 2008 . EWHC . Ch . 2402. [2008] BCC 182. is a UK insolvency law case, concerning the definition of insolvency under the cash flow test.
Cheyne Finance plc had built a number of structured investment vehicles.
Briggs J held that a court could take into account debts that would become payable in the near future, and perhaps further ahead, and whether paying those debts was likely.