Directors Disqualification
Directors disqualifications proceedings advice and defence
Our firm specialises in defending senior corporate personnel against the threat of directors’ disqualification - both before proceedings have begun and also once they have commenced. Past clients range from the chairman of a worldwide group of companies, to more locally-based industry leaders.
Even if we are not able to prevent a directors’ disqualification from taking place, we may be able to negotiate a reduced time period of disqualification.
Being disqualified from acting as a director can have dramatic consequences for any professional. It can prohibit any involvement in the running or decision making process of a company, whether directly or indirectly. Continued involvement in the running of a company after disqualification can lead to imprisonment. It is vital to take early control of the situation.
Highly experienced in Directors Disqualification Law
We can offer you the following services;
- Quick and effective advice if you believe you may be liable for disqualification
- A rapid response to proceedings issued against you and the filing of a defence to the claim
- A robust approach to the tactical procedures available to you to resolve your claim
- Advice on settlement of the claim either by way of undertaking or the Carecraft procedure and the merits of either one
- Advice on the length of any potential disqualification and the lessening of any ban through negotiation with the DTI
- Contesting a case at trial if a settlement cannot be reached
- Advice on seeking leave to continue acting as a director even after disqualification
- Close links with barristers specialising in this work
With early action and sound advice, we can minimise the impact disqualification might otherwise have on your business or career.
In these times of economic uncertainty even diligent directors can face the prospect of Directors Disqualification proceedings from the DTI. Just when you thought the worst was over these proceedings can be commenced, as the DTI have two years to start them, from the onset of insolvency. Although many individuals feel that they can get around any disqualification per se, what they do not appreciate is that it also prevents them from being involved in the promotion, formation and management of a company, breach of which can lead to criminal sanction. It is therefore imperative that they seek good proactive legal advice from solicitors who actually have detailed knowledge and experience of such proceedings, Andy Wilks and Paul Harris have many years of experience between them and are able to give robust advice on a timely basis.
Contact details as follows:
andy.wilks@franciswilksandjones.co.uk