The Light Brothers knew that the money issued through these checks could have been used to satisfy the amountsowed to the United States in unpaid federal withholding taxes.
HMRC's debts make up only 18% of the unsecured total (everything apart from Chainrai's loan and smaller amountsowed to banks) so it cannot block a CVA proposal on its own.
In Armour, homeowners who paid their sewer taxes in a lump sum sued after the city changed its method for collecting taxes and forgave any amountsowed by people who were paying in installments.
Another meeting will then be arranged within 14-28 days to approve the CVA. This will require the backing of 75% of the club's unsecured creditors (based on amountsowed), whereas a straight majority will be enough on Thursday.
Of course, if you owe the feds money (for student loans or back taxes, for example) or if your refund is otherwise earmarked for seizure (such as child support obligations), your refund will be offset by the amountsowed.