Director Banned 9 Years for Undermining Insolvency Rules

• Prolific company director Neville Taylor has been disqualified for nine years 

• Taylor, who is listed as a director of more than 400 companies, was paid by Atherton Corporate (UK) Ltd to replace the directors of 12 companies which had ceased trading but had not entered liquidation

• In each of the 12 companies, Taylor made little or no attempt to verify information relating to their affairs, including securing records and assets, breaching his duties as a company director and subverting the insolvency system in the process

• More than £7.6 million in assets across the 12 companies could not be accounted for at the date of insolvency

A key figure in a scheme designed to undermine the insolvency system has been banned as a company…