Directors often take difficult decisions. These may be analysed, and often are if their company subsequently fails. With the increase in litigation against directors and the continued reference in the press and elsewhere to directors’ duties, a director may wonder how…
Over recent years I have been astounded that certain professionals, including accountants, insolvency practitioners (IPs) and solicitors, appear unable to recognise a conflict of interest if it were to stand up and slap them in the face. Cynically, one could suggest…
The collapse of the UK’s second largest construction company, Carillion, was not particularly surprising given recent profit warnings and debts believed to be in the region of £1.5 billion. What happened to Carillion It was rumoured over the weekend that in the…
A common concern of suppliers is how to recover goods which a buyer has not paid for. Whilst it can be difficult to predict when such instances will occur, there are several practical steps that a supplier can take in order…
Anil Rajani, Partner, reckons the SFO should take a leaf out of the FCA’s book when it comes to the ‘self reporting’ of wrong-doing within companies. Bribery Act Business leaders are increasingly finding themselves between a rock and a hard place in…
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The implementation of the Bribery Act 2010, due to come into force in April, will now be delayed. The Ministry of Justice states that the Business Guidance has not been completed and that businesses will need at least three months…
