Archive: October 2022
Subscribe to October 2022UK Supreme Court delivers landmark judgment on directors’ duties when a company faces insolvency
October 07, 2022
For the first time, the Supreme Court has considered whether there is a common law duty on directors to act in the interests of creditors when a company faces insolvency, but is not yet in an insolvency process (the so-called twilight zone) (the Creditors’ Duty).