When a business is faced with unexpected situations or is in distress, as a director it can be difficult to balance all of your duties. Our lawyers can work with directors of any business to support you and advise on making the right decisions for your business.
Directors need to comply with the duties set out in the Companies Act 2006. These include:
- Promoting the success of the company
- Not accepting gifts or bribes given to you because of your position as a director
- Avoiding situations where you could have a conflict of interest with the company.
Our team works with individual directors and boards of directors to help you avoid serious risk to you and your business. If you’re already facing any issues, we’ll work efficiently to resolve them with the best possible outcome for you and your business.
To discuss how we can help, call our team today on 0808 271 2602 or contact us online.
How can we help?
We’ll work with you to get to know your business and your goals for the future. By building a long-term relationship with you, we can give you strategic and commercial advice that’s specific to your industry and situation. We can help with:
- Complying with and staying up-to-date with regulations
We’ll advise on how to stay compliant with all relevant regulations and how any changes will affect your business
- Advising on cash-flow
Looking at your finances to see if there are any areas to improve cash-flow which is especially important if you’re struggling to pay your business debts
- Drafting a written notice of advice
This is a document that sets out your director’s duties and how to carry them out
- Advice at board meetings and drafting board minutes
We’ll attend your board meetings by telephone, advise you on making the right decisions, and give you tailored board minutes as a record
- Wrongful or fraudulent trading claims
Represent you through any investigations and at any court trials if you’re facing these claims.
- Directors breaching their duties
If you’re accused of breaching your duties, we can look at what happened and help you protect your position and reputation.
- Disqualifying directors
If another board member breaches their duties, we can advise on what you can do to protect the business and disqualify them if needed.
Why choose us?
No matter how big or small your business is, we can work with your board of directors to advise on individual matters or high volume work. You can either buy a bank of hours with us or we can be your long term business partner, on hand whenever you need us.
Our team work efficiently and we always make sure we’re cost effective. We offer a flexible fee structure so you can get the level of support you need. You won’t get any surprises and we won’t do any work until you’ve agreed to the costs.
As a full service law firm, you can also benefit from our expertise in other legal areas. We can advise on restructuring and insolvency issues if your business is in financial distress.
Our team also work with a network of specialists like valuers, accountants and insolvency practitioners. We can put you in touch with these specialists if you need it, and we’ll work as a team to protect your business.
Coronavirus Fixed Fee Package for Directors
We understand that budgets are tight for many businesses at the moment. To help, we’re offering a fixed-fee service to help directors trying to balance their duties and protect their business.
We’ll advise you on the risks that Covid-19 will bring to the financial health of your business, what your business needs to survive, and how you can improve cash-flow. For an additional monthly fee we can provide ongoing additional advice, including a written notice of advice setting out your duties.
You can choose from a £2,400 one-off package or opt for an additional £1,200 monthly service for advice and support when you need it. Contact us today to learn more about what’s included in our fixed-fee directors’ duties service.
Whatever your business, our expert solicitors can support and advise you on making the right decisions for your business during difficult times. Give our team a call on 0808 291 6784 or get in touch online.