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Dividend Payments and the Shifting Focus of Directors’ Duties

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...

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