Cashflow insolvency

A type of insolvency as contemplated in Section 123 of the Insolvency Act 1986 which boils down to a company being “unable to pay its debts as they fall due”.

More about insolvency

• The two two varieties of insolvency: cashflow insolvency and balance sheet insolvency
• The difference between insolvency and bankruptcy
• Bankruptcy shenanigans
• ISDA’s delightful Bankruptcy definition — the gold standard of its kind.