On the brink of insolvency: when should directors consider the interests of creditors?
07 March 2019
In the recent decision of BTI 2014 LLC v Sequana S.A. and others, the English Court of Appeal issued helpful guidance on the question of when the directors of a company in financial difficulty are obliged to consider the interests of creditors.
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Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.
