We've all seen it: a director quietly funnels company
contracts to their own side business, or recklessly racks up debts
while ignoring insolvency warnings. These aren't just bad
practices, they're breaches of fiduciary duty, and under
Irish law, they can trigger personal liability, lawsuits, and even
disqualification.
Under the Companies Act 2014, directors must act in the
company's best interests, not their own. Yet time and again,
we see conflicts of interest, self-dealing, or gross negligence
that put companies (and shareholders) at risk. If you suspect
misconduct, here's what you need to know and how to act.
What Are Directors' Duties?
Directors owe a range of duties to a company. These come from
statute (primarily the Companies Act 2014) and common law.
