Long-awaited and widely billed as one of the most important D&O decisions in a generation, the Supreme Court’s judgment in BTI 2014 v Sequana [2022] UKSC 25 was handed down last week. The judgment considers the extent to which company directors owe duties to creditors, when any such duties might arise and what the extent of them might be. Richard Senior has prepared a note on the judgment which can be accessed here.