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BTI v. Sequana - What's new for directors in the zone of insolvency? | Goodwin - Vimarsana News

BTI v. Sequana - What's new for directors in the zone of insolvency? | Goodwin

In BTI 2014 LLC v. Sequana SA and Others [2022] UKSC 25 (“Sequana”), the Supreme Court confirmed the existence of a duty owed at common law by company directors to consider the...

Extension of Restrictions on Statutory Demands, Winding Up and Forfeiture to 31 March 2021 | Weil, Gotshal & Manges LLP - Vimarsana News

Extension of Restrictions on Statutory Demands, Winding Up and Forfeiture to 31 March 2021 | Weil, Gotshal & Manges LLP

To embed, copy and paste the code into your website or blog: On 9 December 2020 the government announced that the current temporary restrictions on statutory demands and winding-up petitions put in place under the Corporate Insolvency and Governance Act 2020 (“CIGA”), and the prohibition on commercial landlords’ right of re-entry or forfeiture for non-payment of rent under the Coronavirus Act 2020 will be extended until 31 March 2021, meaning landlords and other creditors will be prevented from exercising such rights until 1 April 2021. The Corporate Insolvency and Governance Act 2020 (...