Facing director disqualification
How we helpIf you don’t meet your legal obligations as a company director, the Secretary of State (the Insolvency Service) can bring a case against you under the Company Directors Disqualification Act 1986.
If you lose your case, you could be disqualified for up to 15 years. If you break the terms of your disqualification, you could be fined or sent to prison for up to two years. In addition, you have unlimited liability for the losses of any company you have been involved with, and may also be criminally liable.
We specialise in defending director disqualification claims. Over the past 20 years, we have successfully persuaded the Insolvency Service to withdraw court proceedings against our clients across a range of industries, including construction, media, and public relations.
Even if you have only received an initial letter or phone call from the Insolvency Service, it’s important that you contact us straightaway.
Who we help
Why are you facing disqualification?
If you are being threatened with Director Disqualification Proceedings by the Secretary of State or the Insolvency Service, read on, as you are not alone.
In the last financial quarter of 2015-2016; 216 directors had disqualification orders made against them.
The number of reports against directors is high. The year of 2010 saw a huge rise in ‘D1 reports’ on the conduct of directors totaling approximately 8000. How many disqualification orders were made against directors in comparison? The answer was approximately 2000. This shows that getting immediate advice upon a report being made against you is vitally important.
At Summit Law LLP we specialise in director disqualification cases, brought by the Secretary of State (the Insolvency Service) under the Company Directors Disqualification Act 1986.
If a disqualification order is made under the Company Directors Disqualification Act 1986 you could be banned from being a director of a limited company or from being involved in the promotion, formation or management of a company for up to 15 years.
This could seriously affect your livelihood and it is important that you obtain specialist legal advice.
In addition, directors who have been disqualified have unlimited liability for the losses of any company that they have been involved with, in contravention of the disqualification order and may also be criminally liable.
Jeremy Boyle, Senior Partner at Summit Law LLP and specialist in the director disqualification field, says:-
“What many directors do not realise is that quite often, liquidators will wait until the director has been disqualified before commencing civil proceedings against the director concerned”.
That could be you!
Do not make the mistake of asking a non specialist lawyer to act on your behalf. Even if you have only received an initial letter from the Insolvency Service or a phone call, it’s extremely important that you contact us straightaway.
Summit Law LLP’s Jeremy Boyle has specialised in director disqualification for over 20 years.
Jeremy Boyle has acted for directors from all types of industry and sectors, including the construction industry, media and public relations etc.
At Summit Law LLP, we like to take a proactive approach, offering strategies to deal with the case brought against you.
If you face disqualification proceedings under the Company Directors Disqualification Act 1986, you should contact Jeremy Boyle for a free initial consultation (terms and conditions apply).
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