Tag: Wrongful trading

Directors Duties in the Zone of Insolvency (Sequana)

Insolvent Company Directors’ Personal Liability: BTI v Sequana Explained

If your company is struggling financially, your legal duties as a director change before formal insolvency begins. When does a company director’s duty shift from shareholders to creditors? Following the Supreme Court ruling in BTI v Sequana, directors face strict legal consequences for decisions made during a company’s financial distress. Learn the exact legal triggers for creditor duty and how to avoid claims for breach of fiduciary duty.

Insolvency litigation assigned claims defence solicitor lawyer uk london defence manolete partners

Defending Manolete Partners’ Insolvency Legal Claims

If you’re facing liquidator legal action backed by Manolete Partners (or other litigation funders), expert legal representation is essential. We specialise in defending clients against such claims. Our expert team provides strategic legal support to counter aggressive tactics and ensure the most optimal outcome is achieved by you in your case.

lexlaw winding up petitions HMRC

COVID-19: Suspension of liability for wrongful trading ended on 30 September 2020

The Corporate Insolvency and Governance Act (“CIGA”) came into force on 26 June 2020 introducing a number of reforms aimed at providing protection to directors and companies in financial distress,…