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Lawyers Cansu Akdere

Cansu Akdere

Cansu Akdere

AESY Legal
[email protected]
BIOGRAPHY
INSIGHTS

Cansu Akdere is a Corporate Finance MSc student at King’s College London. She graduated from King’s College London with an English Law LLB degree.


Practice Areas & Work Department

English Law

Finance


Languages

English

Turkish

The Review of the Decision number BTI 2014 LLC v Sequana SA (2022) UKSC 25 of the Supreme Court

The "BTI LLC v Sequana" case is a significant development in recent company law history. The Supreme Court addressed directors' duties towards creditors for the first time, clarifying the duty's scope, content, and trigger point. This case resolved controversies in two categories: uncertainty about the duty's existence and challenges to its existence. The duty requires directors to consider creditors' interests and balance them with shareholders' interests. The trigger point for its activation is when the company is insolvent or bordering on insolvency. This decision provides clarity but may create challenges for directors in balancing these interests and could affect shareholders' investments in the future.
Cansu Akdere
18.09.2023
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