An Introduction to Director’s Duties and Insolvency (Aug 23)
Category: Company Law & Insolvency | Duration: 1hr | Tag: VODCLCOUK23S5 | Type: Video | Course Level: Intermediate | Speaker: Martyn Pullin | Date: 10/08/2023 14:30
Course Details
The course provides an overview of a director’s statutory as regards the responsibility to the company, its shareholders and, where insolvent, its creditors and discuss the challenges this posses for a director where there is evidence of insolvency. With a regulatory focus on misuse of BBL and Covid support schemes, we are seeing an increase in director disqualifications. It is therefore important for accountants to spot those early warning signs of distress and point of insolvency when director’s duties change, and they enter into a heightened risk environment.
Accountants will leave the session with a good understanding of director’s duties and importantly, when their client directors should seek legal advice and take proactive steps to mitigate potential personal liability.
Martyn Pullin covers the following topics during this session:
- The various types of Directors
- Director’s common law and statutory duties
- Director’s duties under the Companies Act
- Director’s duties under the Insolvency Act 1986
- Consequences for breaching duties as a director of an insolvent company
CPD Course Speaker
Partner, FRP Advisory
Martyn Pullin
Martyn joined FRP in 2017, and is a Partner in the Restructuring Advisory team in Teesside. As a Chartered Certified Accountant, Licensed Insolvency Practitioner and member of the Turnaround Managers Association, he has significant experience advising businesses and not-for-profit organisations, usually during times of financial distress.
Well-connected throughout the North East region, Martyn has extensive experience working with clients ranging from owner-managed businesses to large multi-site operations, rescuing as many as possible. He is increasingly engaged in advisory assignments working with existing management teams to maximise stakeholder outcomes, and has particular experience dealing with retail, construction, charities, licensed trade and manufacturing businesses.
Well-connected throughout the North East region, Martyn has extensive experience working with clients ranging from owner-managed businesses to large multi-site operations, rescuing as many as possible. He is increasingly engaged in advisory assignments working with existing management teams to maximise stakeholder outcomes, and has particular experience dealing with retail, construction, charities, licensed trade and manufacturing businesses.