4486

[Webinar] Quistclose Trusts and Directors’ Creditor-Regarding Duties in Near-Insolvent Companies

Event Date

From Thursday 10 Jun 2021 - 03:00 PM To Thursday 10 Jun 2021 - 04:10 PM

Venue

Webinar

Organiser

Singapore Management University

Practice Area

Corporate / Commercial

Training Level

General

Public CPD Points

1

Event Outline

This seminar examines how Quistclose trusts should be designed so that their creation fulfils, rather than breach, the creditor-regarding duties of directors of near-insolvent companies, including the duties to take the interest of company creditors into account and to avoid wrongful, insolvent or fraudulent trading. Distinguishing between 3 types of Quistclose trusts, we identify 5 characteristics of such trusts that conform to directors’ creditor-regarding duties in the vicinity of insolvency.

Event Link

SMU-03G-210153

Event Attachment