Director Disqualification proceedings against directors involved in Missing Trader Fraud is on the increase, even if the involvement is inadvertent. Ignorance is no defence. This article looks at the steps that should be taken to minimise the risk.read 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.