UK relaxes wrongful trading rules, and that’s a good thing
Martin Kenney
June 30, 2020
The recent news that the UK government is relaxing its wrongful trading rules is to be welcomed. The proposal to temporarily shield directors from liability when their companies do business while having negative balance sheets is set out in the Corporate Insolvency and Governance Bill, which is currently going through the UK parliament’s legislative process and is expected to be passed into law imminently.… Continue Reading