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Directors' fiduciary duties

  • William Kanaan
  • Jun 11, 2020
  • 1 min read

In a recent High Court ruling it has been confirmed that a director's fiduciary duties survive a company's entry into administration or voluntary liquidation.


The case related to a successful application by a liquidator in respect of company property sold at undervalue and payments made after the company entered administration.


The decision is confirmation that, while a director's powers may end on insolvency, fiduciary duties do not.


 
 
 

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