Can a “social” director be personally liable for insolvent trading?

This article appeared in the March 2018 issue of Club Life. Some clubs struggle to find experienced directors and, in some cases, members have volunteered to “help out” their club by agreeing to be a director without appreciating the full scope of their responsibilities, and potential liability for not carrying out those responsibilities. It certainly … Continue reading Can a “social” director be personally liable for insolvent trading?