Directors have a wide range of duties and responsibilities to their company. However, their position becomes far more onerous when the business begins to experience financial difficulty. Decisions made during such times can have personal implications, especially if insolvency occurs. Our specialists at RMT are here to guide directors through these complexities, helping them avoid common pitfalls.
Navigate Insolvency Challenges
We advise directors on avoiding:
- Wrongful Trading
- Preference Payments
- Transactions at Undervalue
- Overdrawn Director Loan Accounts
- Unlawful Dividends
- Director Disqualification
- The Use of Prohibited Names
We are also able to help directors with these issues where they are being pursued by another Insolvency Practitioner.
Why Choose Us?
Our tailored advice ensures directors navigate insolvency rules confidently, safeguarding their reputation and future career prospects. Every scenario is unique, which is why we combine industry expertise with a personal approach to deliver the highest level of support.
Take Control of Your Business’s Future
Act now to secure professional guidance before challenges escalate. Contact us today to protect your interests and make informed decisions that align with compliance and risk mitigation.
Key Contacts
Chris Ferguson
Director of Recovery and Restructuring
0191 256 9500