. Directors must make an early decision on whethert the business is insolvent. The director of a company which is facing financial difficulty should ensure that there is a reasonable prospect that the company will not be insolvent before being party to any decision to trade on. Under UK law, if a company is trading when insolvent, a director may be liable for wrongful trading. The director of a company which is facing financial difficulty should ensure that there is a reasonable prospect that the company will not be insolvent before being party to any decision to trade on. Directors must make an early.
Directors must make.
