sharholders

24

May

2022

Shareholders' Interests 'Preferred' Over Those of Other Creditors

Leanne Schneider-Rose's picture

Written by Leanne Schneide...

When a company becomes insolvent, unsecured creditors have little choice but to wait in line to be paid. However, as a High Court ruling underlined, they are all entitled to be treated equally – and that includes shareholders and directors. The case...

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