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    BTI v Sequana - directors must continue to be aware of creditors' interests on the road to insolvency
    2022-10-10

    The UK Supreme Court handed down its decision in BTI v Sequana on 5 October 2022, unanimously dismissing the appeal from the 2019 Court of Appeal decision and confirming how directors duties ought to be applied when a company is in the zone of insolvency. Although decisions of the UK Supreme Court are not binding upon the jurisdictions in which Ogier practises law, it will nevertheless be highly persuasive and influence the approach taken in the offshore jurisdictions that Ogier advises upon.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Ogier, Insolvency, UK Supreme Court
    Authors:
    Jeremy Snead , Victoria King
    Location:
    United Kingdom
    Firm:
    Ogier
    BTI v Sequana - directors must continue to be aware of creditors' interests on the road to insolvency
    2022-10-10

    The UK Supreme Court handed down its decision in BTI v Sequana on 5 October 2022, unanimously dismissing the appeal from the 2019 Court of Appeal decision and confirming how directors duties ought to be applied when a company is in the zone of insolvency. Although decisions of the UK Supreme Court are not binding upon the jurisdictions in which Ogier practises law, it will nevertheless be highly persuasive and influence the approach taken in the offshore jurisdictions that Ogier advises upon.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Ogier, Insolvency, UK Supreme Court
    Authors:
    Jeremy Snead , Victoria King
    Location:
    United Kingdom
    Firm:
    Ogier
    BTI v Sequana - directors must continue to be aware of creditors' interests on the road to insolvency
    2022-10-10

    The UK Supreme Court handed down its decision in BTI v Sequana on 5 October 2022, unanimously dismissing the appeal from the 2019 Court of Appeal decision and confirming how directors duties ought to be applied when a company is in the zone of insolvency. Although decisions of the UK Supreme Court are not binding upon the jurisdictions in which Ogier practises law, it will nevertheless be highly persuasive and influence the approach taken in the offshore jurisdictions that Ogier advises upon.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Ogier, Insolvency, UK Supreme Court
    Authors:
    Jeremy Snead , Victoria King
    Location:
    United Kingdom
    Firm:
    Ogier
    BTI v Sequana - directors must continue to be aware of creditors' interests on the road to insolvency
    2022-10-10

    The UK Supreme Court handed down its decision in BTI v Sequana on 5 October 2022, unanimously dismissing the appeal from the 2019 Court of Appeal decision and confirming how directors duties ought to be applied when a company is in the zone of insolvency. Although decisions of the UK Supreme Court are not binding upon the jurisdictions in which Ogier practises law, it will nevertheless be highly persuasive and influence the approach taken in the offshore jurisdictions that Ogier advises upon.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Ogier, Insolvency, UK Supreme Court
    Authors:
    Jeremy Snead , Victoria King
    Location:
    United Kingdom
    Firm:
    Ogier
    BTI v Sequana - directors must continue to be aware of creditors' interests on the road to insolvency
    2022-10-10

    The UK Supreme Court handed down its decision in BTI v Sequana on 5 October 2022, unanimously dismissing the appeal from the 2019 Court of Appeal decision and confirming how directors duties ought to be applied when a company is in the zone of insolvency. Although decisions of the UK Supreme Court are not binding upon the jurisdictions in which Ogier practises law, it will nevertheless be highly persuasive and influence the approach taken in the offshore jurisdictions that Ogier advises upon.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Ogier, Insolvency, UK Supreme Court
    Authors:
    Jeremy Snead , Victoria King
    Location:
    United Kingdom
    Firm:
    Ogier
    BTI v Sequana - directors must continue to be aware of creditors' interests on the road to insolvency
    2022-10-10

    The UK Supreme Court handed down its decision in BTI v Sequana on 5 October 2022, unanimously dismissing the appeal from the 2019 Court of Appeal decision and confirming how directors duties ought to be applied when a company is in the zone of insolvency. Although decisions of the UK Supreme Court are not binding upon the jurisdictions in which Ogier practises law, it will nevertheless be highly persuasive and influence the approach taken in the offshore jurisdictions that Ogier advises upon.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Ogier, Insolvency, UK Supreme Court
    Authors:
    Jeremy Snead , Victoria King
    Location:
    United Kingdom
    Firm:
    Ogier
    BTI v Sequana - directors must continue to be aware of creditors' interests on the road to insolvency
    2022-10-10

    The UK Supreme Court handed down its decision in BTI v Sequana on 5 October 2022, unanimously dismissing the appeal from the 2019 Court of Appeal decision and confirming how directors duties ought to be applied when a company is in the zone of insolvency. Although decisions of the UK Supreme Court are not binding upon the jurisdictions in which Ogier practises law, it will nevertheless be highly persuasive and influence the approach taken in the offshore jurisdictions that Ogier advises upon.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Ogier, Insolvency, UK Supreme Court
    Authors:
    Jeremy Snead , Victoria King
    Location:
    United Kingdom
    Firm:
    Ogier
    BTI v Sequana - directors must continue to be aware of creditors' interests on the road to insolvency
    2022-10-10

    The UK Supreme Court handed down its decision in BTI v Sequana on 5 October 2022, unanimously dismissing the appeal from the 2019 Court of Appeal decision and confirming how directors duties ought to be applied when a company is in the zone of insolvency. Although decisions of the UK Supreme Court are not binding upon the jurisdictions in which Ogier practises law, it will nevertheless be highly persuasive and influence the approach taken in the offshore jurisdictions that Ogier advises upon.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Ogier, Insolvency, UK Supreme Court
    Authors:
    Jeremy Snead , Victoria King
    Location:
    United Kingdom
    Firm:
    Ogier
    BTI v Sequana - directors must continue to be aware of creditors' interests on the road to insolvency
    2022-10-10

    The UK Supreme Court handed down its decision in BTI v Sequana on 5 October 2022, unanimously dismissing the appeal from the 2019 Court of Appeal decision and confirming how directors duties ought to be applied when a company is in the zone of insolvency. Although decisions of the UK Supreme Court are not binding upon the jurisdictions in which Ogier practises law, it will nevertheless be highly persuasive and influence the approach taken in the offshore jurisdictions that Ogier advises upon.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Ogier, Insolvency, UK Supreme Court
    Authors:
    Jeremy Snead , Victoria King
    Location:
    United Kingdom
    Firm:
    Ogier
    BTI v Sequana - directors must continue to be aware of creditors' interests on the road to insolvency
    2022-10-10

    The UK Supreme Court handed down its decision in BTI v Sequana on 5 October 2022, unanimously dismissing the appeal from the 2019 Court of Appeal decision and confirming how directors duties ought to be applied when a company is in the zone of insolvency. Although decisions of the UK Supreme Court are not binding upon the jurisdictions in which Ogier practises law, it will nevertheless be highly persuasive and influence the approach taken in the offshore jurisdictions that Ogier advises upon.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Ogier, Insolvency, UK Supreme Court
    Authors:
    Jeremy Snead , Victoria King
    Location:
    United Kingdom
    Firm:
    Ogier

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