Combatting financial abuse perpetrated through coerced directorships
Moving from its militaristic combatting phoenix activity, the government is now going to crack down and combat financial abuse perpetrated through “coerced directorships”.[1] Among the various options, defences will be available to “victim-survivors” for breaches of insolvency-related directors’ duties, such as insolvent trading, and rights given to extend the timeframe to respond to director penalty […]