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Advice to Directors Post Pandemic

The last two years have been unprecedented in all aspects of business life. As we emerge from the pandemic, with more economic uncertainty predicted, the advice we give to directors has changed.

Description

The last two years have been unprecedented in all aspects of business life. As we emerge from the pandemic, with more economic uncertainty predicted, the advice we give to directors has changed. 

Directors seeking to wind up their distressed companies need to be aware of the potential personal liability issues arising from their duties as directors, the new powers of HMRC to impose personal liability in certain insolvency situations, and the way in which the Insolvency Service is seeking to apply the disqualification regime.  Our focus is on BBL and CBILS, director loan accounts and payment of remuneration by directors personally.  The Ratings (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill extends the Insolvency Service’s powers to investigate and disqualify company directors who dissolve companies to avoid repaying the loans obtained through Covid support schemes.   

This session will look at the advice we need to consider when advising directors pre-appointment, the powers of the IP to investigate and obligation to do so, the impact of liquidating a company with exposure to COVID-19 financial support schemes and how to handle advice to directors in relation to potential personal liability.

Recorded 25 March 2022

CPD Learning Outcomes

  • Clear, concise update on legislation and regulation in respect of the subject matter under the spotlight
  • A practical application of the subject matter and an understanding of how these requirements impact on your day to day work
  • The confidence to apply your newly learned skills in the workplace

Who Should Attend

Anyone with an interest or role in insolvency looking for an update, a fresh approach or a concentrated introduction to the issue.

Cost

£55 + VAT per person

50% reduction for every third one-hour series you book.

Webinar fee includes electronic version of course documentation.

 

Team Booking Discount

  5-10 team members - £200 + VAT

11-25 team members - £375 + VAT

26-50 team members - £500 + VAT

50+ price on application

If you are looking to make a team booking, please mail courses@insolvencysupportservices.com.

Booking Terms

The purchase of an ISS Training webinar recording permits single user access only for use by the registered delegate and access information should not be forwarded on to third parties. The copying and/or distribution of an ISS Training webinar recordings or materials is not permitted. Responsibility for the confidentiality of webinar registration information and materials issued by ISS Training lies with the registered delegate and purchaser.

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