Disciplining the directors of insolvent companies
Reviews developments involving the treatment of directors of insolvent companies. Evaluates Grant v Ralls (Ch D) on how quantum in wrongful trading cases under the Insolvency Act 1986 s.214 or s.246ZB is determined, BTI 2014 LLC v Sequana SA (CA), which clarified the scope of the duty shifting rule,...
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| Format: | Journal article |
| Language: | English |
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Sweet and Maxwell
2020
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| Summary: | Reviews developments involving the treatment of directors of insolvent companies. Evaluates Grant v Ralls (Ch D) on how quantum in wrongful trading cases under the Insolvency Act 1986 s.214 or s.246ZB is determined, BTI 2014 LLC v Sequana SA (CA), which clarified the scope of the duty shifting rule, the revised compensation order regime under the Company Directors Disqualification Act 1986, and its application in Re Noble Vintners Ltd (Ch D). |
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