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UK Director's Duties Include Creditors During Insolvency - Vimarsana News

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.