< Back to Briefings

Briefing: Unlawful Dividends

Wed 07 Aug 2013

The distribution of cash or assets of a company prior to its demise is not a rare occurrence. Where an insolvency practitioner, in the course of their investigations, uncovers such a distribution, they will wish to be satisfied that it is lawful. The courts are known to adopt a strict line when considering compliance with the legal requirements for distributions. This note considers some of the key features of the statutory rules, common law and case law relating to the most common form of distribution, namely a dividend to shareholders.

To read the full briefing note, please click here.

Upcoming Events :

Financing generation rent

Tue 21 Nov 2017

Minerva House, 5 Montague Close, London SE1 9BB

Read more