Creditors owed truckload after only $3.33 recovered

Creditors of Titan Bulk Haulage — one of the companies owned by beleaguered Otago businessman Malcolm Burns — have been left out of pocket by more than $1 million. Administration of the liquidation of the Mosgiel trucking company has been completed and the final report this month said $3.33 had been recovered from its bank…

What UK Directors Need to Know

The daunting prospect of disqualification acts as a key deterrent to safeguard both the public and financial institutions from corporate misconduct. This article focuses on directors’ disqualification in England and Wales, examining the causes and consequences under the Company Directors Disqualification Act 1986 (CDDA), including the impact of Schedule 13 of The Finance Act 2024…