Re-Use of Prohibited Company Name or Trading Style - Solicitors Surrey | Business Law Surrey

Provisions were introduced by S.216 of the Insolvency Act 1986 with the intention of deterring “rogue" directors some of whom had been involved in multiple liquidations with considerable losses to creditors, continuing to benefit from the customer goodwill attached to the trading name.

Under Section 217 of the Insolvency Act a director can be made personally liable for the debts of the new business even if trading under the protection of limit of liability. We can advise on the risks and the statutorily prescribed routes to avoid both criminal and civil liability.

Re-Use of Prohibited Company Name or Trading Style Services

Administration, Receivership, CVA, Liquidation and Bankruptcy

Solvent Restructuring

Debt Restructuring, Work Outs and Refinancing

Personal Insolvency and Partnership Restructuring

Shareholder and Partnership Disputes

Director's Duties and Responsibilities

Director's Disqualification

Re-Use of Prohibited Company Name or Trading Style

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Chris Millar

Senior Partner
Tel: +44 (0) 1306 502225
Email: Chris Millar

Richard Clapham

Partner
Tel: +44 (0) 1483 411531
Email: Richard Clapham

Julian Harvey

Partner
Tel: +44 (0) 1306 502221
Email: Julian Harvey

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