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Case Law update on Directors’ Duties

In early October 2022, the Supreme Court handed down judgment in the case of BTI 2014 LLC v Sequana SA & Ors [2022] UKSC 25 which considered the duty of directors when a company is approaching insolvency.

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MOORFIELDS APPOINTED LIQUIDATORS OVER INSURTECH COMPANY

Honcho Markets Limited, established in 2015, provided a customer-orientated value comparison website to establish value comparisons within the automotive insurance industry. The company had built a significant reputation in the market but unfortunately run in to difficulties earlier this year due to the competitiveness in the marketplace.

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