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

Licensed Insolvency Practitioner

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.

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The Improper use of Customers’ Deposits

Posted 14th October 2022 by Craig in

Insolvency Practitioners

The Improper use of Customers’ Deposits

This is a ‘red flag’ offence at Insolvency. Our Insolvency Practitioners explain why and look at some examples.

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Paying Dividends – The Consequences of Paying Illegal Dividends

Posted 20th May 2022 by Craig in

Insolvency Practitioners

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.

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Did you know part of a director’s responsibility is to scrutinise their fellow directors?

Posted 5th July 2021 by Craig in

Directors responsibilities

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.

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