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Directors can become personally liable for the debts of the company, if the directors allow the company to trade whilst insolvent.We have have talked about this risk to company directors in an earlier Blog post. Given this risk, what steps can be taken by a company director to not

When the Titanic hit that iceberg, there were no night-vision goggles, no sonar detection, no radar. Just sailors with binoculars on the lookout. That gave them about ten minutes warning of disaster. These days they would have known hours ahead.So how quickly does a company director need to act when