When a company enters liquidation or administration, the
director's conduct is placed firmly under a magnifying glass,
and claims can often be brought against those directors
personally.
Once appointed, the liquidator or administrator will investigate
whether the directors' actions caused the business to fail or
contributed to the company's liabilities. They will then
determine whether personal claims can be pursued against the
directors for the benefit of the company's creditors.
Whilst such claims are often brought against the company
directors, they can also be pursued against various third parties,
including associates, spouses, and other family members.
In our experience, seeking the right legal advice from specialist insolvency solicitors as soon as
possible is the key to successfully defending these types of
claims.
