A recent duties of directors judgement in Burnden v Fielding said Company Directors cannot now use the 6 year Limitation period as a defence to a Liquidator’s claim under certain circumstances. This is not good news for Company Directors. Our insolvency litigation solicitors say there is still hope for directors.read more
This director disqualification case study looks at a case where a director who breached his undertaking and received a suspended 18 month jail sentence. There could be other serious consequences. Applying for Court Permission to Act as a Director could have been an option.