Law-Now
Energy and insolvency: When may an insolvent company pay a dividend?
14 Jan 2026
International
1 min read
Authors
In TAQA Bratani Ltd & Ors v Fujairah Oil and Gas UK LLC & Ors [2025] EWCA Civ 1669 the Court of Appeal decided that a c.US$84m dividend paid by RockRose UKCS8 LLC (“UKCS8”) shortly before its sale to Fujairah International Oil & Gas Corporation (“FIOGC”)...