“…First, he relies on the judgment of David Richards LJ in BTI 2014 LLC v Sequana SA [2019] EWCA Civ 112; [2019] 2 All ER 784. Mr Warents is entitled to point out that that case, like this one, was about section 423 of the 1986 Act, although the facts and the issu…”
“…ucceeded in relation to the May dividend, but not the December dividend. That decision was upheld by the Court of Appeal in its judgment dated 6 February 2019 ([2019] EWCA Civ 112). However, days later on 15 February 2019, Sequana entered insolvency protection in France and went into compulsory liquidation on 15 May 2019. None of Sequana…”