Expert business guidance and support for directors facing misfeasance claims, wrongful trading allegations, and personal liability risks. Get specialist business advice and strategic guidance to navigate complex challenges.
Misfeasance claims are serious actions brought against company directors for alleged breaches of duty, wrongful trading, or misuse of company assets. Understanding these claims is crucial for directors seeking expert business guidance and support to navigate these challenges.
Misfeasance refers to the wrongful performance of a lawful act by a company director. It occurs when directors breach their fiduciary duties, act negligently, or engage in conduct that harms the company or its creditors. We provide guidance to help directors understand these concepts.
Misfeasance claims can be brought by various parties with legal standing, typically during or after insolvency proceedings.
Continuing to trade when the company had no reasonable prospect of avoiding insolvent liquidation.
Carrying on business with intent to defraud creditors or for any fraudulent purpose.
Disposing of company assets for significantly less than their true value.
Preferring certain creditors over others in the period before insolvency.
Failing to act in the best interests of the company and its stakeholders.
Using company assets for personal benefit or unauthorized purposes.
Time is critical. Misfeasance claims can result in personal liability, asset seizure, and director disqualification. We provide guidance to help you understand your options.