Clive Wells

Clive Wells

Skadden, Arps, Slate, Meagher & Flom LLP

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How Directors Can Manage the UK Supreme Court’s ‘Balancing Exercise’ in Difficult Times

Economic downturns can put both companies and their boards to the test. An important judgment from the U.K. Supreme Court in October 2022, the Sequana case,1 clarifies the obligations of directors of a company facing the...more

12/15/2022  /  Board of Directors , Corporate Counsel , Corporate Governance , Creditors , Directors , Fiduciary Duty , Financial Distress , Insolvency , Shareholders , UK
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