Director disqualification—deciphering unfit conduct

Table of contents

• Original news
• What was the background to the application, briefly?
• What were the legal issues the judge had to decide in this application?
• What were the main legal arguments put forward?
• What did the judge decide, and why?
• To what extent is the judgment helpful in clarifying the law in this area?
• What practical lessons can those advising take away from this case?

Article summary

Restructuring and Insolvency analysis: In Secretary of State for Business, Innovation & Skills v Pawson, a director was disqualified for eight years, owing to his conduct of the affairs of nine companies he had formed, all with the same business model. Katherine Hallett, barrister at 13 Old Square Chambers, explores the issues and emphasises the importance of assessing changing circumstances in corporate affairs.