Although we would all like to forget, put behind and move on from the impact and devastation caused by the COVID-19 pandemic ('C19'), unfortunately for many, that is impossible. Public members must deal with and/or be subject to commercial, reputational and financial sanctions by government agencies. As a director, you are not alone if facing […]
What is a personal guarantee? Personal guarantees are often requested when starting a business, obtaining funding from a bank as a form of security or the signing of a lease. It is also common practice for directors of limited companies to be asked to provide a Personal Guarantee in circumstances where a supplier is refusing […]
The role of a company director in the United Kingdom is one of great responsibility and legal obligation. Governed by the Companies Act 2006 and the Company Directors Disqualification Act 1986 (CDDA), directors are held to high standards of conduct. Failure to meet these standards can result in director disqualification, a severe penalty that can […]
