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Generally, a director is not personally liable when it comes to business matters. Indeed, this is one of the attractions of incorporating a company and enjoying limited liability. However, there are certain situations in which a director may find themselves liable if they do not act in accordance with the law.
The case sets out clearly the risk faced by Directors of companies in relation to employment law, many of whom do not have a deep understanding of the laws under which they work.
Ramsdens’ Jeremy Cook, Partner in the Litigation Department and Stephen Newman, Partner and Head of the Corporate Department will be hosting a free conference dealing with Directorship issues amongst other interesting topics on 1 October 2019.