Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
Find up-to-date guidance on points of law and then easily pull up sources to support your advice with Lexis PSL
Check out our straightforward definitions of common legal terms.
Speed up all aspects of your legal work with tools that help you to work faster and smarter.
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Access our unrivalled global news content, business information and analytics solutions
Insurance, risk and compliance intelligence using big data, proprietary linking and advanced analytics.
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Our latest thinking on key legal industry developments
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
A director whose conduct is found to be unfit by the Insolvency Service can be disqualified from being director of another company. The Insolvency Service has produced a guide on what happens during an Insolvency Service investigation into companies that have entered into formal insolvency proceedings - including administration, administrative receivership, voluntary and compulsory liquidation.
In most cases directors who have been involved in a failed company are able to try again with another company. However, if the Insolvency Service finds evidence that a director's conduct has been unfit or evidence of wrongdoing by a director, the director can be disqualified.
The Company Directors Disqualification Act 1986 (CDDA 1986) aims to maintain the integrity of the business environment. Those who become directors of limited companies should:
o carry out their duties honestly and responsibly
o ensure they and the company comply with the law and all relevant regulations
o exercise adequate skill and care with proper regard to the interests of the company's creditors, customers, shareholders, employees and, in some circumstances, the public
The Insolvency Service can use the CDDA 1986 against those who abuse the privilege of limited liability. More information about director disqualifications can be found on the Insolvency Service's website.
The guidance also gives information on:
o what counts as unfit conduct by a director
o what directors of insolvent companies are able to do
o the statutory functions of the Insolvency Service
o what and who the Insolvency Service is allowed to investigate
o how the Service carries out its investigations
o how it decides when to take disqualification action
For more information see: Guidance: Insolvent company investigations--What we do
Free trials are only available to individuals based in the UK
* denotes a required field
0330 161 1234