The case of Hunt (as Liquidator of System Building Services Group Ltd) v Michie & Ors [2020] EWHC 54 (Ch) examines whether directors’ duties continue after the company has become insolvent and confirms that they do, bringing welcome clarity to the point. As such, Insurers will need to review their policies to make clear if they wish to cover this risk.
United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Clyde & Co LLP, Liquidator (law), Directors' duties, Companies Act 2006 (UK)
The U.A.E and Republic of South Korea have not entered into a bi-lateral treaty under which they are obliged to recognise each other's court orders or judgments. The U.A.E rarely recognises/enforces the judgment of foreign courts where there is no such treaty in place
South Korea, United Arab Emirates, Insolvency & Restructuring, Litigation, Shipping & Transport, Clyde & Co LLP