Legal and Financial Implications of Wrongful Trading Claims (Business Opportunities - Other Business Ads)

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Item ID 9619080 in Category: Business Opportunities - Other Business Ads

Legal and Financial Implications of Wrongful Trading Claims


As businesses face financial difficulties, company directors must manage their companies with diligence and care. One of the most serious risks they encounter during insolvency is the possibility of a wrongful trading claim. Wrongful trading occurs when directors continue to trade, knowing there’s no reasonable prospect of avoiding insolvency. The implications of such claims can be devastating, both legally and financially, for those involved. In this article, we explore the legal framework surrounding wrongful trading and discuss the financial implications for directors.

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Target Nation: All Nations
Target City : Norwich
Last Update : 20 November 2024 6:30 AM
Number of Views: 20
Item  Owner  : Jamie Playford
Contact Email:
Contact Phone: 08002461845

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2024-11-24 (0.226 sec)