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...
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...
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...
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...