Companies in Trouble - Creditor Duty Development Post‑Sequana and BHS (Apr 26)
Category: Company Law & Insolvency | Duration: 1hr | Tag: VODUK2625 | Type: Video | Course Level: Foundation | Speaker: David Impey | Date: 30/04/2026 10:00
Course Details
This course is for accountants who may need to advise director and private company clients when the company faces financial difficulties. It will cover when and how the company law ‘creditor duty’ and the new concept of misfeasant trading now apply, with a particular focus on the unanswered questions that arose from the Sequana and BHS cases, and whether and how subsequent court rulings have answered them.
In this session David Impey covers the following topics:
- From the Sequana and subsequent cases:
- When the creditor duty is triggered, and what directors have to do when it is
- What misfeasant trading is, and how to avoid it
- Unanswered questions arising in each area
- The subsequent cases dealing with those unanswered questions
- Whether they answer them – or make things worse!
Armed with knowledge of recent creditor duty cases and the extent to which they answer the unanswered questions, cast fresh light on possible solutions, or crate further complications, accountants will be better equipped to advise their company and director clients about what to do in financial difficulties.
CPD Course Speaker
Company Law Solicitor
David Impey
David Impey is a company law solicitor, professional services marketer, writer, and lecturer. His specialities include company law, professional services marketing, strategic planning and implementation, and interactive e-marketing.
As well as specialising in company law, David also works with law firms and other law businesses, helping them with strategy, and marketing, and majoring particularly on overcoming barriers to implementation of strategic and marketing plans and tactics
From 2008 to 2014, he led and worked on a major project for the UK Intellectual Property Office, through Atom Content Marketing (formerly BHP), building and developing an online IP HealthCheck resource that helps small and medium-sized businesses to identify, protect and commercially exploit their intellectual property.
He also worked in-house for 14 fun and profitable years for leading services provider Jordans, becoming Marketing Director responsible for developing, managing and marketing its service and product range. Particularly, he led significant projects to commoditise UK and overseas ‘factory’ professional services and promote them into the UK and other legal markets.
David lectures in the UK and overseas on both UK company law and professional services firm strategy and marketing.
As well as specialising in company law, David also works with law firms and other law businesses, helping them with strategy, and marketing, and majoring particularly on overcoming barriers to implementation of strategic and marketing plans and tactics
From 2008 to 2014, he led and worked on a major project for the UK Intellectual Property Office, through Atom Content Marketing (formerly BHP), building and developing an online IP HealthCheck resource that helps small and medium-sized businesses to identify, protect and commercially exploit their intellectual property.
He also worked in-house for 14 fun and profitable years for leading services provider Jordans, becoming Marketing Director responsible for developing, managing and marketing its service and product range. Particularly, he led significant projects to commoditise UK and overseas ‘factory’ professional services and promote them into the UK and other legal markets.
David lectures in the UK and overseas on both UK company law and professional services firm strategy and marketing.