HomeCase studiesSMEs, directors & shareholdersDirector servicesPersuading a liquidator to withdraw its claims against a director accused of misfeasance and breaching his fiduciary duties

Why the client needed our help

Our client, the former director of property development company that had gone into liquidation, needed assistance following a liquidator’s claim for the repayment of a director’s loan and allegations of misfeasance and breach of fiduciary duties.

How we helped

We responded to the claims in robust terms and went on to formulate and execute a strategy culminating in a full-day mediation at which we were able to persuade the liquidator to withdraw all its claims on commercial terms that were favourable to our client.

The outcome

Following our intervention, our client was able to avoid protracted and expensive litigation and was able to revert his attention to running a successful new business.

Key contacts

Michael Knights

Michael Knights

Senior Associate

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