The Supreme Court has now released its eagerly awaited Mainzeal decision. This is the second time the Supreme Court has considered the responsibilities of directors when faced with threats to a company's solvency and follows its earlier high profile decision in Debut Homes.
12.00pm to 1.15pm Mainzeal Supreme Court Judgment: What you Need to Know
This webinar presents an excellent opportunity to get across this judgment, with the webinar being presented by Philip Shackleton, who was counsel in the Debut Homes’ litigation. Hear what the Supreme Court has had to say on director’s duties and whether it has changed its approach from the position it look in Debut Homes. You will also hear whether recent UK decisions have had any impact on the position taken by the Supreme Court.
With insolvency numbers on the rise, don't miss out on this chance to keep up-to-date with the latest developments in insolvency law and their practical implications.
Presented by Philip Shackleton, Partner, MC
Description
Attend and earn 1 CPD hour
Learning Objectives:
- Learn the current view of the Supreme Court on the responsibilities of directors
- Delve deeper into the detail of the Mainzeal decision and its implications from a lead insolvency Partner
Presenters
Philip Shackleton, Partner, MC
Phil is a lead partner in MC’s Insolvency, Recoveries and Enforcement Group and one of New Zealand’s most innovative and experienced banking, finance and insolvency litigators. He and his team act for both debtors and creditors, including companies and directors facing recovery demands, private insolvency practitioners and the Official Assignee. For 18 years, Phil has had lead roles in some of New Zealand’s most important insolvency cases, including the precedent-setting Debut Homes litigation, the first time the Supreme Court considered the issue of director’s duties. Major clients have included businesses in the construction, hospitality and tourism, dairy, forestry, and residential and commercial property sectors. Phil's particular expertise includes receiverships, liquidations, security enforcement, priority disputes, shareholder disputes, banking litigation and debt recovery.
