17/06/2026
When a company is facing financial difficulty, directors’ duties can shift in important ways, particularly where insolvency is a real possibility.
In his latest article, Paralegal, Fatim Khan provides a practical guide for UK company directors on how their responsibilities change during periods of financial distress, including the need to consider creditors’ interests, recognise warning signs early, and take properly documented, informed decisions.
This is a useful read for directors, founders and business owners who want to understand their duties and reduce personal risk when navigating challenging trading conditions.
Read the full article here:
A practical guide to directors’ duties in financial distress, creditor duty, insolvency warning signs, wrongful trading and personal liability risks.