Navigating the Financial Road Ahead: A (Brief) Guide for Company Directors

Running a small business is a journey filled with ups and downs. While most directors focus on growth and success, recent landmark legal decisions—specifically the Supreme Court’s ruling in BTI v Sequana—have clarified exactly how your responsibilities change if the road gets a little bumpy. Understanding these “three stages” isn’t about being fearful; it’s about having a […]

Steering Through Tough Times: Directors’ Legal Duties in a Financial Crisis

When companies face distress, directors must act responsibly to protect both their company and the risks of personal liability. It’s important to understand recent case law and the statutory obligations that guide directors’ duties during challenging periods. This article provides a review of directors’ obligations under the Companies Act 2006 and Insolvency Act 1986, before exploring recent[…]