Lewis Onions Solicitors is a firm of Solicitors and Licensed Insolvency Practitioners based in the Jewellery Quarter in the centre of Birmingham. Specialising in insolvency matters, we deal with all legal aspects relating to every formal insolvency procedure, corporate and personal, and all other aspects of business turnaround, restructure and rescue. Our practice is not limited to any particular form of business, whether by constitution, size, trade type or location.
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Directors’ Duties of Care and Skill During the Covid-19 Emergency – Where Now?
On 28 March 2020 Alok Sharma MP, the Business Secretary, with HM Revenue & Customs, the Insolvency Service and others announced intentions to amend insolvency law and relax wrongful trading laws during the current Covid-19 emergency. According to the press release: “Current insolvency rules stipulate that directors of limited liability companies can become personally liable […]