BHS judgment – Wrongful trading, trading misfeasance and key takeaways

Edward Smith, Polly Richard, Kirsty Emery and Katherine Barrett of Travers Smith look at the judgment handed down on the substantial directors' duties and wrongful trading claims brought against former directors of various BHS companies, including the first ever successful claim for “misfeasance trading” and the Court’s analysis of so-called “insolvency-deepening” activity and shareholder value extraction.

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