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Paying Dividends – A Minefield for Directors

Misfeasance Claims

The impact of Coronavirus will inevitably lead to Liquidations, with some Directors being subject to Liquidators’ Claims (Misfeasance Claims) to personally repay dividends The adverse impact of Coronavirus on the trading fortunes of a company now means that Directors, as business owners, need to tread carefully as they may be personally liable to repay Dividends when the