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Corporate Recovery & Insolvency

Wrongful Trading

If it appears to an insolvency practitioner who has been appointed to administer an insolvent company that a person who is, or was, director of the company knew or ought to have concluded at some point before the commencement of the insolvency that there was no reasonable prospect that the company would avoid going into insolvency the insolvency practitioner of the company can seek a Court declaration that the director make a contribution to the company’s assets.

If you have been accused of wrongful trading please contact one of our experts to discuss how they could help you.

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insolvency@chadlaw.co.uk
0800 015 0340

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