Tuesday, 12 October 2021 From 12:00 to 13:00 GMT +1

Location: Global

Speaker: Matthew Harding

Directors’ duties to creditors: navigating the changing landscape when a company becomes distressed

When a company becomes distressed, the duties owed by its directors’ shift from a focus on the interests of shareholders to those of the company’s creditors. Whether your company is contemplating a restructuring, or is potentially a counterparty to a company restructuring, knowing what duties are owed by the directors to promote the interests of creditors is critical. 

In this session we will help you navigate the quagmire of legislation and caselaw to understand when duties to creditors take over from duties to shareholders and what that means in practice.