What's a Director To Do?: Directors' Duties in Times of COVID
Professor Kristin van Zwieten presented the work-in-progress with Professor Sarah Paterson (London School of Economics) on directors' duties under English law during the pandemic.
21 October 2022
The Covid-19 pandemic has had a major impact on many areas of corporate law, including directors' duties. This seminar explored the English law treatment of directors' duties in relation to payments to creditors during the pandemic. English law regulates directors' duties in relation to the order in which creditors are paid through a complex bundle of judge-made and statutory rules. Some, but not all, of these rules were suspended during the COVID-19 pandemic; at the same time, other parts of the COVID-19 corporate relief package could plausibly have been expected to influence the order in which directors were likely to discharge creditor claims.
In this seminar, Professor Kristin van Zwieten presented the work-in-progress with Professor Sarah Paterson (London School of Economics) on directors' duties under English law during the pandemic, in particular in relation to the treatment of factual preferences, and what lessons might be learnt from this about the future development of directors' duties in insolvency.
Read more about the seminar on the Monash Law events archive.
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