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Corporate & Commercial

27 Feb 2017

Reckless Trading

Reckless trading refers to a director taking illegitimate business risks. This can lead to the director becoming personally liable to a company’s creditors.

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17 Mar 2016

Gift vouchers - what happens if the company goes into receivership?

It is an unfortunate reality of business that companies fail...

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8 Dec 2011

Frustrated Contracts

The common law ‘doctrine of frustration’ allows a contract to be discharged on the occurrence of certain events beyond the control of the parties, but strict legal tests must be met to be successful in applying the doctrine. Read more