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Running a business - Directors' liability

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Benefit from a compensation order?

COMPANY LAW - 08.09.2020

Benefit from a compensation order?

A disqualified director was ordered to pay over £500,000 to his company’s creditors, in the first compensation order case brought to court since the regime was introduced in 2015. When can compensation orders be made, and why has it taken so long for the power to be exercised?

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