Strike off action does not reduce or extinguish the liability of any director, officer or member of the company.

Directors of Isle of Man companies owe 3 types of duty to their company:

Once appointed, a Trustee is subject to a number of duties. A Trustee's overriding duty is to act in the best interests of the beneficiaries of the Trust.

Do you as a Non Executive Director or the appointed Non Executive Directors ("NEDs) of your client funds actually realise why they are in situ? Harsh? Fair? Irrelevant?

With the introduction of the Companies Act 2021 (the Act) Isle of Man companies incorporated under the Companies Act 2006 can now re-register as a Companies Act 1931 company.

The Isle of Man Financial Services Commission is responsible for the regulation of the majority of the financial sector, namely: banks, building societies, investment businesses and fiduciary services providers.

This memorandum summarises the duties and responsibilities of the directors of a company incorporated in the Isle of Man.

Today's businesses are subject to the constantly shifting sands of tax, regulation and an ever evolving, increasingly globalised economy. Engaging a Trust & Corporate Services Provider to manage and administer...

This guide summarises the key features of Manx Companies under each regime, noting the key differences where relevant.

A director of a company owes fiduciary duties to act responsibly and in their related company’s best interests.

This Q&A on the Mergers & Acquisitions (M&A) laws and regulations applicable in the Isle of Man provides an overview of the main themes and issues impacting M&A activity in the jurisdiction.

The New Manx Vehicle or NMV is due to be introduced into Isle of Man law later this year. The new corporate vehicle will be created and governed by the Isle of Man Companies Act 2006 which is currently in bill form.

Directors of Isle of Man companies (whether incorporated under the Isle of Man Companies Acts 1931-2004 or the Isle of Man Companies Act 2006) are subject to a number of duties.

Appleby has provided the Isle of Man chapter to the ICLG Gambling 2022. The "International Comparative Legal Guide to: Gambling" covers common issues in gambling laws and regulations...

An Isle of Man Government press release of 2 August 2005 promised the creation of a new type of business friendly company that would be simple and inexpensive to administer.