Many people mistakenly believe that as a director of a limited company, they have no personal liability in regard to their corporate actions.
The truth is that while most corporate bodies are protected through public liability and other insurances, the individuals within the company are often unprotected: particularly where they have acted without proper authority or breached any part of the Companies Act, however inadvertently.
Broadly speaking, personal claims or proceedings against directors or officers can arise from any decision made, or act carried out, in the workplace however innocuous it may have seemed at the time. These range from frivolous and occasionally malicious claims made by disgruntled customers who weren’t happy about the service they received, all the way through to official investigations.
Click the link below for some further information, and feel free to contact me via the contact page or on 0117 244 5543.