by Paul Brindley | May 14, 2019 | Administration, CVLs, Ethics & Regulation
It’s a long established principal of English law that when a company starts to struggle financially, its directors are required to pay more attention to the interests of the creditors than they might have before then and that the worse the financial problems become,...
by Paul Brindley | Mar 19, 2019 | Administration, CVLs
The Court of Appeal recently made a significant ruling on two matters relating to dividends and the shifting focus of directors’ duties. Firstly, it upset a dividend declared and paid by a company as a ‘transaction defrauding creditors’ under S423 of the Insolvency...
