Directors must comply with both fiduciary duties and statutory duties imposed on them by the Companies Act 2006. A breach of these duties can pierce the corporate veil and expose directors to personal liability in respect of those breaches on a civil basis, both when the company is solvent or when the company is experiencing financial difficulties.
Examples include: a failure to promote the success of the company, conflicts of interest, misfeasance and wrongful trading.
We will also take a look at the introduction of the Loan Charge and the impact that that and other HMRC stances are having on director’s remuneration.
To book please email Chloe Williams at Nelsons. Email: Chloe.Williams@nelsonslaw.co.uk
Nelsons was formed in 1983 by Tim Hastings and two other solicitors in a small Nottingham office. Since then they have grown to become one of the leading law firms in the East Midlands with offices in Derby, Leicester and Nottingham, providing support and advice to businesses, individuals and families with their legal and investment needs.
Nelsons kindly sponsor IoD Professionals Lunches in Nottingham and Leicester.
This event is open to Members and Non-Members.
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