Several debt collection agencies have been in touch saying that they can recover old debts from the directors of the debtor company. Is this something to consider going for, and couldn’t it also be
something else to worry about?
Published 18.06.2008
The Institute of Chartered Secretaries and Administrators (ICSA) recently published some guidance on the liability of non-executive directors (NEDs). So what exactly does it cover and is it worth a
look?
Published 01.03.2013
One of our subscribers fell out with his fellow directors over their company’s finances and refused to approve the annual accounts. Was this the right step to take or might he still be held
responsible for any problems that arise?
Published 18.03.2016
Starting a phoenix company isn’t plain sailing. As one director discovered, a simple mistake like using the wrong name could be disastrous. What’s the story?
Published 27.10.2009
When a company is accused of wrongdoing, its directors usually have a significant level of protection. However, if any form of discrimination is involved, they can now be ordered to pay compensation
personally. What’s to know?
Published 25.11.2011
You’re concerned that allowing everyone to use e-mail could lead to contractual problems for the company and personal liability issues for individual directors. Are you right to be worried and if so,
what protection is available?
Published 24.10.2007
You want to borrow some cash from your business for a while. Because it’s a private company with only a few director/shareholders no one is going to object, but you might still be putting yourself at
risk. Why, and how can you avoid this?
Published 25.04.2013
It’s increasingly common for directors to be asked to provide a personal guarantee, particularly where the company is seeking a loan or credit facility. Are these “standard procedure” or something
you need to worry about?
Published 01.05.2012
You’re recruiting a new director and have found the right candidate. But they won’t come on board unless the company indemnifies them against financial loss. What can and can’t you agree to, and how
do you put an indemnity in place?
Published 05.02.2013
With the days lengthening your thoughts have turned to the summer holiday. But the thought of taking a week or two off and leaving the company to “run itself” puts you off the idea. Is there a way to
make things work?
Published 16.04.2019