Directors’ duties

The following is a broad overview of the duties and liabilities of directors when their company is in financial difficulties. It is a general guide only and there will be variations according to the specific laws in each jurisdiction.  

Filed under:
United Kingdom, Company & Commercial, Insolvency & Restructuring, Norton Rose Fulbright, Public company, Confidentiality, Shareholder, Breach of contract, Fraud, Fiduciary, Board of directors, Debt, Liability (financial accounting), Liquidation, Good faith, Balance sheet, Cashflow, Liquidator (law)
Authors:
David Stannard
Location:
United Kingdom
Firm:
Norton Rose Fulbright