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Company

03 March 2017
Issue: 7736 / Categories: Case law , Law digest , In Court
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BTI 2014 LLC v Sequana SA and others; B.A.T. Industries plc v Sequana SA and another [2017] EWHC 211 (Ch), [2017] All ER (D) 176 (Feb)

The Chancery Division ruled on consequential matters following its main judgment on claims brought against Sequana SA and others, challenging dividend payments. In respect of the second claim, the court held that, in circumstances where the claimant (BAT) had succeeded in part on its claim, under s 423 of the Insolvency Act 1986 (transfers defrauding creditors), it would be wrong to treat an agreement, entered into following the main judgment, as a change of circumstance, which militated against the grant of any relief to BAT, under s 423. Accordingly, BAT was granted relief, under s 423 of the Act, in the form it proposed.

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MOVERS & SHAKERS

Birketts—trainee cohort

Birketts—trainee cohort

Firm welcomes new cohort of 29 trainee solicitors for 2025

Keoghs—four appointments

Keoghs—four appointments

Four partner hires expand legal expertise in Scotland and Northern Ireland

Brabners—Ben Lamb

Brabners—Ben Lamb

Real estate team in Yorkshire welcomes new partner

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