Steven Wright, Senior Manager and Insolvency Practitioner, looks at the relaxation of the wrongful trading provisions and what steps directors should take.
The COVID-19 pandemic has already made sweeping changes to how the UK does business. With great uncertainty as to how long the changes will last – and whether or not they will permanently change the business landscape.
William Duncan Business Recovery has compiled some advice for directors of businesses facing financial distress and who are concerned about potential wrongful trading during the period.
Steven Wright, Senior Manager and Insolvency Practitioner, looks at the relaxation of the wrongful trading provisions and what steps directors should take.
