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The duties imposed on a Director are extensive and can unwittingly result in civil; and in some cases worse; criminal liability. Any Director who fails to comply with their duties and obligations may end up in a civil or criminal Court, or may be disqualified. The consequential damage to the Company may be extensive and in some cases can cause its collapse.
Problems of this nature can occur no matter the size of the Company. That having been said SME’s are usually more vulnerable as by their very nature they are often busy trying to establish their brand and develop their business and can unwittingly fall foul of their duties.
At 2ndOpinionNow we can help ensure that the Company and its Directors are fully compliant with the applicable law and where there has been any breach of a Directors duty, help to ensure its correction occurs, as soon as possible. By so doing we can try to prevent the Director and the Company being sanctioned.
Accordingly whether the breach of Directors duty is a failure to act within its power; or to promote the success of the Company; or even a breach of a duty to avoid a conflict of interest; we can help.
If you would like any assistance with regards to any potential breach of a Directors Duty, contact us now.
0207 936 3177
To contact the UK’s leading solicitors for director’s duties, click here to email us, or call the number below.