HomeCase studiesSMEs, directors & shareholdersCommercial litigationHelping seven directors avoid disqualification

Why the client needed our help

We acted for seven separate directors of a large group of companies involved in cutting edge digital technology applications. Unfortunately, the group of companies entered into administration due to cash flow issues with HMRC arrears in the region of £1.7 million. Director disqualification proceedings were threatened against each of the directors of the group of companies concerned, including a number of high-profile individuals.

How we helped

FWJ was instructed at an early stage and detailed responses were provided to the various questionnaires sent by the Insolvency Service to each of the seven directors.

Great care was taken in compiling these responses and each of them set out the reasons why proceedings against each of our clients were misconceived.

The outcome

Upon consideration of the evidence, the Insolvency Service decided not to issue proceedings.

This enabled all seven directors to avoid director disqualification and continue with their current business interests. This meant that they all avoided the expense of dealing with formal director disqualification proceedings and a possible 17 Section application for permission to remain as directors. It also avoided adverse publicity for the high-profile clients involved.

If there was ever a star rating for law firms, Francis Wilks & Jones would score five stars plus. Professional and pro-active, they were able to understand my problem quickly, provide expert advice, outline a solution and put it into place with a successful outcome. I should have gone to them sooner

A client we successfully defended in director disqualification and insolvency related proceedings

Key contacts

Stephen Downie

Stephen Downie

Partner

Maria Koureas-Jones

Maria Koureas-Jones

Partner

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