Tag: director responsibility
Directors’ liabilities after resignation
This is the third, and final article, in a series of three articles exploring how a director may incur personal liability in relation to their company. The first article gave an overview as to when personal liability may arise, the second article explored a director’s personal liability arising after a company enters into Liquidation or... Read more »
What to do and what not to do if you are a director of a Company in Financial Trouble
The Government’s statistics for company insolvencies in the period July 2023 to September 2023 showed that in the second and third quarter they were at the highest level since the second quarter of 2009, and the uptick appears to continue. Directors of companies facing financial trouble need to be aware that if they are found... Read more »