UK Director's Duties Include Creditors During Insolvency
In BTI 2014 v. Sequana, UK’s Supreme Court considered when directors are required to consider the interests of creditors in their fiduciary duty and when a company is insolvent, this fiduciary duty is modified such that the company’s interests include its creditors.
United Kingdom Supreme Court Supreme Court The Arjo Wiggins Appleton Limited Creditor Duty Companies Act
Source: natlawreview.com