Higgs & Sons warns directors over their duties

A MIDLANDS insolvency lawyer has said company directors in the region are continually failing to fully understand their duties - leading in some cases to dire consequences.

David Ellis, a partner at Higgs & Sons, said his firm was increasingly meeting directors of insolvent companies who were surprised to find themselves made personally liable for their company’s debts when the firm failed.

“Many entirely honest directors whose companies have failed through no fault of their own are finding the... For the full story register now for free or login below...