Jessica Pease

Jan 14, 2025 | rpclegal.com | Jessica Pease

Written by Jessica PeaseKey developments in 2024 2024 highlighted the importance of a directors' duty to consider or act in the interests of creditors where a company is insolvent or bordering on insolvency. The claim brought by the liquidators of BHS Group against certain of its former directors following the group's collapse into insolvency in 2016 saw the first time where a court held company directors guilty of "misfeasant trading".

Mar 28, 2023 | lexology.com | Jessica Pease |James Wickes |Oliver Knox

In what has been termed "the biggest banking crisis since 2008", both Silicon Valley Bank (SVB) and Signature Bank have collapsed, and Credit Suisse has been rescued. Whether more banks are to follow suit is yet to be seen. What happened? For 40 years, SVB (the 16th largest US bank) acted as ally and the go-to bank for the tech industry (and particularly start-ups). As the go-to bank, SVB offered services to high-risk start-ups until 10 March 2023 when it was closed by Californian regulators.