How long is a director liable after resignation

How long is a director liable after resignation?

You might find yourself wanting to move on from a company for many reasons, such as for finances or simply because you’re starting something new. In this blog, we’re answering the question, how long is a director liable after resignation? Resigning as a director simply means you

Read more

Order of Payments in Liquidation: Who gets paid first?

Order of Payments in Liquidation: Who gets paid first? When entering an insolvent liquidation for the first time, it can be hard to understand how everything works. If your business is insolvent, that means your company owes a range of creditors money that you can’t pay back.

Read more
Liquidation vs Administration

Liquidation vs Administration

Closing a business is never an easy decision and it’s usually one that you’ve spent a lot of time considering before making a final decision. Usually, when dealing with an insolvent company, directors will make the decision to start the company closure using one of the formal

Read more