#company #liquadation #director #liquadator #sec327 #preferencecreditors #preferencialpayments When a company goes into administration or is liquidated, the directors' actions leading up to the insolvency will be reviewed to see if they did anything incorrect or illegal. Preferential payments are one form of transaction that is being scrutinized in this circumstance. The liquidator has to maximize return for all creditors during the liquidation process. When a particular cred