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United Kingdom
directors dutiescreditors interestscreditor duty
Hunt v Singh
[2023] EWHC 1784 (Ch)
Key Principle
Following BTI 2014 LLC v Sequana SA, where a company faces a liability of such magnitude that its solvency depends on successfully resisting that liability, the directors' creditor-regarding duty arises if they know, or ought to know, that there is at least a real prospect of the challenge to the liability failing.
Area of Law
General
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