Law-Now
14 Jan 2026 ·
International
Energy and insolvency: When may an insolvent company pay a dividend?
1 min read
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”)...
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