01902 672323 paul@midlandsbusinessrecovery.co.uk
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Directors’ Personal Liability for Bogus Covid-19 Support Claims

Directors’ Personal Liability for Bogus Covid-19 Support Claims

by Paul Brindley | Jun 3, 2020 | Advice to Directors, CVLs, Ethics & Regulation

There is a bill passing through the Houses of Parliament right now that gives HMRC powers to make a company officer (eg director) jointly and severally liable for the Income Tax charge raised in relation to any CJRS payment to which the company was not entitled or any...

Important update – getting approval for the re-use of a prohibited name

by Paul Brindley | Dec 29, 2019 | Advice to Directors, CVLs, Ethics & Regulation

The rules over the re-use of ‘prohibited names’ in company insolvency are an absolute minefield. I believe there is a ticking timebomb sitting under quite a few of the UK’s directors who tried again following liquidation, who despite having no malice...

Guidance to Directors of Insolvent and Near Insolvent Companies

by Paul Brindley | Aug 23, 2019 | Administration, Advice to Directors, CVLs, Ethics & Regulation, Upsettable Transactions

Directors often come to me troubled, worried about their position as a director of a company that’s at risk of failing, perturbed by all the scare stories about personal liability and other penalties, their minds racing.  Yet it’s not a crime to be involved with a...

Can a director, shadow or de facto director be made personally liable for the failings of their company?

by Paul Brindley | May 25, 2019 | CVLs

The English Technology and Construction Court recently held that the directors were liable in tort for the failings of their insolvent construction company. It is not uncommon for construction companies set up to act as the employer on a specific contract to turn out...

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