You are not expected to cite case law but you must provide
pinpoint references to the Companies Act 1993. (350-450 words)
Background Gold Sport Ltd (Gold) is a leading supplier of sports
equipment. Gold wishes to pay a dividend to its shareholders, but
Ana Steel, Gold’s accountant, is concerned that a pending legal
action may affect Gold’s solvency. In preparing her advice for the
board, Ana notes that Brent Kēna, a well-known triathlete, has
recently started legal proceedings against Gold....