by ADLV Law Team | 2 - 113, 2 - Run and manage your business (general commercial)
There are over 700 laws that can impose personal liability on directors. While it is common for companies to provide directors with an ‘indemnity’ or ‘insurance cover’ for these liabilities, there are limitations and restrictions on how far this indemnity and cover can extend.
by ADLV Law Team | 2 - 113, 2 - Run and manage your business (general commercial), Business Interest, Individual Interest, Marketing, Newsletters, Twitter Published
Who wants to be a director? Not an easy question to answer these days, with over 700 laws that can make you personally liable for various actions (or inactions) of your company. This article provides some handy safeguards to consider before you agree to become a director.