When a business is under serious financial pressure, directors often carry the heaviest burden, personal financial risk, creditor pressure, HMRC scrutiny, and the fear of “getting it wrong”. If you’re worried about insolvency, liquidation, or HMRC action, taking early legal advice can help you protect your position and make confident, sensible decisions.
Our Restructuring & Insolvency team advises directors, shareholders and businesses on the legal issues that arise when a company is in distress including director duties, trading decisions, exposure to personal liability, and the practical steps to take when insolvency is likely.
When should a director get advice?
Directors usually contact us when they’re facing one or more of…