Directors’ Duties & Insolvency Update - Live at Your Desk

Introduction

Many businesses and companies of whatever size and nature have been threatened or have suffering post-COVID and Brexit. The burden of steering companies through this turbulent time rests solely with the directors of the company.

In order to advise directors fully about the options available to them, and make recommendations as to the course of action to take, it is imperative that solicitors and other legal advisors have a detailed understanding of the duties that directors of companies owe to the company and its stakeholders, the ramification of breaching those duties and the relief available to directors.

This virtual classroom session is aimed at those working regularly with businesses in a corporate context who want to ensure that their clients get the best advice and are best protected.

What You Will Learn

This live and interactive broadcast will cover the following:

• Types of directors
• Common law v statutory duties
• Scope of the duties
• Duties under the Companies Act 2006
• Duties under the Insolvency Act 1986:
• Wrongful trading
• Fraudulent trading
• Misfeasance/breach of duty
• Fraud and misconduct
• Effect of insolvency on the duties
• Directors:
• Private companies
• PLCs
• Non-executives
• Shadow
• Remedies/ramifications
• Latest case law

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.