At a time when businesses in all sectors are facing a wide range of financial pressures, it’s important to be aware of directors’ liabilities for failing to pay company debts. In the current economic landscape, many businesses are continuing to face financial problems, following factors including Brexit and the pandemic. The result has been that…
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Personal Liability for Company Directors in 2022
If you’re a company director experiencing financial distress, personal liability for debts may be a worry. While a company shields its members and directors from most liabilities there are certain areas you aren’t protected from. Director’s liability is a complex issue Delving into director’s liability isn’t for the fainthearted. It’s a complex area with many…