Wrongful Trading and Directors Liabilities

If a company becomes Insolvent and goes into Liquidation, a director may be held responsible. They can come under investigation for Wrongful Trading and Directors Liabilities. The only defence to Wrongful Trading, is if you can show that you took every action possible.

This means, to minimise the potential loss to the company’s creditors. This makes it essential that as a director, you have properly documented all the steps when your company faces the threat of insolvency. Altion Law has experience of representing directors, when their interests are different from the company. This can also be if proceedings have been threatened or taken against them personally.

Altion Law are specialists at advising and representing parties who have issues with Wrongful Trading and/or Liabilities.

For a confidential free discussion, call us today on 01908 414990,  alternatively email us at Hello@altion-law.co.uk or complete our Free Enquiry Form and we will call you back.