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In BTI 2014 LLC v. Sequana S.A. [2022] UKSC 25 (Sequana) the UK’s highest court, the Supreme Court (the Court), has considered for the first time the circumstances in which directors are required to consider the interests of creditors in carrying out their fiduciary duty to act in good faith in the interests of the company.

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Hannah Blom-Cooper

Hannah is a highly experienced commercial litigator representing individuals and corporations in relation to high-value and complex disputes which frequently involve multiple jurisdictions.

Hannah focuses in the area of disputes arising from business failure and formal insolvency process whether domestic or foreign. Hannah…

Hannah is a highly experienced commercial litigator representing individuals and corporations in relation to high-value and complex disputes which frequently involve multiple jurisdictions.

Hannah focuses in the area of disputes arising from business failure and formal insolvency process whether domestic or foreign. Hannah also provides clear and practical advice on asset recovery and asset protection both for creditors and debtors.

Hannah frequently acts for directors in the context of delinquent businesses where serious allegations of fraud and misconduct are made by the company, shareholders, creditors or an office holder –these will include claims for wrongful or fraudulent trading or disqualification proceedings. Hannah also acts for insolvency practitioners, both pre- and post-appointment, bankrupts, and companies subject to debt recovery.

Hannah is a highly experienced commercial litigator representing individuals and corporations in relation to high-value and complex disputes which frequently involve multiple jurisdictions.

Hannah focuses in the area of disputes arising from business failure and formal insolvency process whether domestic or foreign. Hannah also provides clear and practical advice on asset recovery and asset protection both for creditors and debtors.

Hannah frequently acts for directors in the context of delinquent businesses where serious allegations of fraud and misconduct are made by the company, shareholders, creditors or an office holder –these will include claims for wrongful or fraudulent trading or disqualification proceedings. Hannah also acts for insolvency practitioners, both pre- and post-appointment, bankrupts, and companies subject to debt recovery.

Photo of John Houghton John Houghton

John Houghton, Chair of the London Restructuring & Bankruptcy Practice, advises creditors, sponsors, insolvent companies, directors and insolvency practitioners on virtually all areas of international restructurings, insolvency, and corporate rescues. He has a substantial experience of restructuring via schemes of arrangement and the…

John Houghton, Chair of the London Restructuring & Bankruptcy Practice, advises creditors, sponsors, insolvent companies, directors and insolvency practitioners on virtually all areas of international restructurings, insolvency, and corporate rescues. He has a substantial experience of restructuring via schemes of arrangement and the new restructuring process.

According to the Chambers UK 2020 Guide, John “is highly competent and skilled, and is able to guide a management team and develop options for them to consider.” He also advises parties seeking to fund into existing insolvencies and restructurings as well as parties who are interested in acquiring distressed businesses. The Chambers UK 2019 Guide refers to him as having a “widely respected practice,” and the 2018 Guide highlights John as “well plugged in to the market and well regarded.” The 2017 Guide recognizes him as “a very good operator” and “a popular choice for restructuring and insolvency mandates,” while the 2016 Guide lauds him as “one of the most innovative restructuring lawyers in the market,” who “constantly thinks outside of t

Photo of Ian Jack Ian Jack

Ian Jack advises on a broad range of banking and finance transactions, including project finance, acquisitions finance and property financings, and restructurings. Ian has been recognized by Chambers UK and Legal 500 for his restructuring, project finance, and acquisition finance experience. Prior to

Ian Jack advises on a broad range of banking and finance transactions, including project finance, acquisitions finance and property financings, and restructurings. Ian has been recognized by Chambers UK and Legal 500 for his restructuring, project finance, and acquisition finance experience. Prior to joining Greenberg Traurig, Ian served as Co-Head of Global Restructuring & Insolvency at Baker & McKenzie and leader of its London practice.

Photo of Rupert Cheetham Rupert Cheetham

Rupert Cheetham has a broad practice involving restructuring, insolvency and general finance transactions. Rupert advises on fully consensual work-out refinancing transactions, restructuring procedures such as UK schemes of arrangement, restructuring plans and company voluntary arrangements (CVAs), and formal insolvency proceedings. Rupert acts for

Rupert Cheetham has a broad practice involving restructuring, insolvency and general finance transactions. Rupert advises on fully consensual work-out refinancing transactions, restructuring procedures such as UK schemes of arrangement, restructuring plans and company voluntary arrangements (CVAs), and formal insolvency proceedings. Rupert acts for banks, funds and other financial institutions, as well as sponsors, corporates, directors and insolvency practitioners.

Kevin Mulligan ‡

Kevin Mulligan is a member of the Restructuring & Bankruptcy Practice based in London and focuses on advising lenders, insolvency practitioners, real estate and opportunity funds, corporates, directors, creditors, and other stakeholders on a wide range of UK and cross-border restructuring and insolvency…

Kevin Mulligan is a member of the Restructuring & Bankruptcy Practice based in London and focuses on advising lenders, insolvency practitioners, real estate and opportunity funds, corporates, directors, creditors, and other stakeholders on a wide range of UK and cross-border restructuring and insolvency matters.

Kevin’s experience includes advising on distressed acquisitions, advising insolvency practitioners and other stakeholders in the course of formal insolvency processes, and advising lenders on security validity, enhancement, and enforcement, as well as debt and security restructuring.

Prior to joining Greenberg Traurig, Kevin was an associate in the restructuring team of a leading UK and international law firm.

 Admitted in Scotland. Not qualified in England and Wales.