Corporate enforcement reform

Tim Symes and Jamie Seed of Stewarts consider the Insolvency Service’s proposed corporate enforcement reforms, including faster director disqualification, shifting first-instance disqualification decisions to the secretary of state, reversing evidential burdens for certain connected-party transactions, lowering the threshold for extortionate credit and extending misfeasance claims to shadow directors, while cautioning that success should ultimately be measured by misconduct prevented and money recovered for creditors.

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