Directors and Company Insolvency Law

There is an inherent duty on Company Directors to act in the best interests of stakeholders in a company. 

In particular those who are owed money by the company should not have ”their” money spent “recklessly”.  This includes shareholders, investors, financiers, trade suppliers, HMRC and employees.

Action by Company Directors which weaken the position of such stakeholders will always need to be reviewed to clarify that such steps were not taken with the intent of such a position of loss to the stakeholders.

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