Topic: Directors’ Duty to Creditors: the implications of the UK Supreme Court’s Sequana decision for New Zealand
In a long-awaited decision, the UK Supreme Court released its judgment last month in BTI v Sequana, addressing the extent to which directors are required to consider the interests of creditors when a company is approaching insolvency.
In this seminar, Bell Gully partner David Friar will discuss the UK Supreme Court’s decision, and consider the implications for directors’ duties and claims by insolvency practitioners in New Zealand.
David will be joined by Bell Gully partner Dave McPherson and senior associate Sarah Anderson-Butler, who will give some practical examples of when the duty may bite and the factors directors should take into account in those circumstances.
Presenters:
David Friar
David Friar is the head of Bell Gully’s litigation department. He has significant experience in commercial and insolvency disputes, and he has written extensively on directors’ duties.
Dave McPherson
Dave McPherson is a partner in Bell Gully’s banking department, who has extensive experience in advising on restructuring, insolvency and directors duties matters.
Sarah Anderson-Butler
Sarah Anderson-Butler is a senior associate in Bell Gully’s banking department with substantial experience in corporate restructuring and insolvencies.
Date:
Wed, 9 November 2022
Time:
Registration: 4:00pm
Presentation 4:40pm – 5:30pm
Refreshments and networking from 4:20pm to 6:30pm.
Note the bar will be closed at 6:30pm sharp and the host venue will need to be vacated by 7pm at the latest.
Venue:
Bell Gully
Vero Centre, Level 21/48 Shortland Street, Auckland 1140
Pricing:
Complimentary for RITANZ Members
Chartered Accountants ANZ Members $40.00 plus GST
Law Society Members $40.00 plus GST
NZCFI Members $40.00 plus GST
Standard (casual attendance) $50.00 plus GST
How to register:
Registration is required – RSVP to follow