Blog - 06/08/2024
Restructuring & Insolvency
What every accountant needs to know when advising a director of an insolvent company
Head of Litigation and Insolvency Ali Zaidi discusses the case of Sequana (BTI 2014 LLC v. Sequana S.A. [2022] UKSC 25) and the duties of directors when a company becomes insolvent. Ali also discusses issues of the creditor interest test, which a director will be subject to not only when a company becomes insolvent, but also when the company is likely to becoming insolvent.
For further information regarding this topic, please contact Ali Zaidi.
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