Free Guide to Common Issues Facing Directors of (Potentially) Insolvent Companies


In the current difficult economic climate, it is well-known that the threat of insolvency hangs over many businesses. For those Directors whose companies are facing potential insolvency, there are many issues that must be considered and it is not always easy to find straight forward, simple and honest advice.

In this short guide, Julie Beavis, Associate in Mitchell Charlesworth's Corporate Recovery and Insolvency Division, outlines the common issues facing Directors of (potentially) insolvent companies.

The guide covers the following areas:

  • Fraudulent Trading
  • Wrongful Trading
  • Transactions at an Undervalue
  • Preference
  • Good Practice Tips

Insolvency GuideClick here or on the image above to access this free guide

This guide outlines what the common issues are, who they apply to, how these issues can be demonstrated and typical examples in practice. Importantly, the guide also outlines the consequences for Directors who do not follow the prescribed advice.

This guide is important reading for all company Directors but particularly those potentially facing insolvency.

If you are a Director of a business facing potential insolvency, you are urged to contact Mitchell Charlesworth's Corporate Recovery and Insolvency Department before it is too late. Often there are options available to you other than insolvency and the sooner you contact us, the more opportunity there is to find an alternative solution.

For more information about any of the issues outlined in this guide or to find out about Mitchell Charlesworth's Corporate Recovery and Insolvency Services, contact Julie Beavis today on: 0161 817 6100 or email: julie.beavis@mitchellcharlesworth.co.uk.

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