Directors’ personal liability – how to minimise the risk
Member price: £136 + VAT
Non-member price: £160 + VAT
Please note, ICAS member discount will be applied after checkout.
Edinburgh, 10 October 2017
The misfeasance and antecedent transactions provisions of the Insolvency Act 1986 (as amended) and significant provisions of the Companies Act 2006, may require a director to personally contribute back to the assets of an insolvent company for the benefit of its creditors.
This course is intended for insolvency practitioners and their staff looking for a comprehensive CPD refresher on directors' personal liability and the risks to directors on insolvency, together with an update on the key provisions of the legislation and case law.
This course will aid you in discussions with directors about risk before and during the corporate insolvency process.
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- Key provisions of the Insolvency Act 1986 (as amended).
- Key provisions of the Companies Act 2006.
- Recent case law to be aware of.
- How can directors minimise risk?
- If an action is commenced against a director, what are the likely defences to an action.
- Company Directors Disqualification Act 1986 – what should the director be aware of?
- Discussion of the Statement of Insolvency Principles, in particular SIP 2 & SIP 4.
- Checklist of matters the insolvency practitioner should consider when meeting with a director to discuss conduct, the background of the company and the events leading up to insolvency.
Tel: 0330 060 3303