Increased Personal Financial Risk, Including Personal Liability for Company Tax Debts is on the Horizon. Our Insolvency Solicitors comment on this, which is more bad news for directorsread more
Misfeasance Claims against Directors are increasing. They are often brought against directors by liquidators and usually involve an allegation of the misapplication of company money and/or property. Often, the first thing directors know about such a claim is when a weighty pre-action letter of claim comes through the letterbox… on a Saturday morning.