This is the Directors’ Duties News section
On this page, you will find news about what’s happening in the area of Directors’ Duties.
In the meantime, if you need our help and advice in this or any of our specialist insolvency areas, please contact us or call 0208 088 0633, for a FREE initial discussion.
Fine and prison sentence for another director who abused the Bounce Back Loan Scheme
Posted 28th November 2022 by Craig in
Fine and prison sentence for another director who abused the Bounce Back Loan Scheme
Licensed insolvency practitioner Antony Batty advises directors to take early, formal advice if they are struggling to repay a BBL.
Read MoreThe Improper use of Customers’ Deposits
Posted 14th October 2022 by Craig in
The Improper use of Customers’ Deposits
This is a ‘red flag’ offence at Insolvency. Our Insolvency Practitioners explain why and look at some examples.
Read MorePaying Dividends – The Consequences of Paying Illegal Dividends
Posted 20th May 2022 by Craig in
Paying Dividends – The Consequences of Paying Illegal Dividends.
Directors’ Dividend payments will be scrutinised for legality by Insolvency Practitioners. This may lead to a Misfeasance Claim with dividends repaid. Tal to us for help and advice.
Read MoreDid you know part of a director’s responsibility is to scrutinise their fellow directors?
Posted 5th July 2021 by Craig in
Did you know part of a director’s responsibility is to scrutinise their fellow directors?
Case Study: agreeing that one director is the ‘lead’ for a company’s financial affairs does not remove the other directors from responsibility.
Read More