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Ex parte Mackay (Re Jeavons)
Re Jeavons, ex parte Mackay (1873) LR 8 Ch App 643 (CA in Chancery)
Key Principle
A person cannot contract that, on his bankruptcy/insolvency, he will obtain an additional advantage that removes property from distribution under the insolvency laws; such anti-deprivation provisions are void as contrary to public policy.
Area of Law
i
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