In these bitesized clips the Insolvency Litigation team at Mishcon de Reya LLP tackle key issues facing various sectors, key case law and legislative updates and market insights.
When can ongoing legal proceedings trigger the directors of a company's duties to its creditors?
In this video, Alexandra Baker looks at the Insolvency Service's statistics from the end of 2023, what they tell us about the economy, and what that means for directors, including:
- Changes in the numbers of insolvencies year on year between 2022 and 2023
- The types of insolvency proceedings that we are seeing
- The sectors most affected
- What directors should be alive to when navigating challenging economic circumstances