Directors and Officers
We act for directors, company secretaries, LLP members and senior management of all types of businesses.
We advise in relation to the statutory and common law duties of directors and officers generally and in specific circumstances such as when the business:
- Purchasing or Selling Assets
- Refinancing
- Merging with or acquiring other businesses
- Selling divisions or re-structuring.
We advise on the composition of boards of companies and LLPs and compliance with covenants in service and LLP agreements, and other legally binding documents such as shareholder agreements, legal charges and other securities and financial documentation.
We advise on the circumstances where directors and officers must legally make disclosures to their fellow board members and the business, as well as the preparation of company documents and minutes and filing of the same at Companies House or with the business itself. We draft resolutions and other legal documents that are required.
When a business faces insolvency, the directors and officers may have separate interests to the business and we regularly assist in such situations, including circumstances which might lead to insolvency processes such as administration, liquidation or Company Voluntary Arrangement.
We regularly act for directors facing claims by insolvency practitioners, or by companies for negligence and breaches of service agreements, as well as defending directors and officers faced with proceedings under the Directors Disqualification Act 1986.
Main Contacts
JAMIE LLOYD
Jamie trained and worked at a large regional commercial firm in Liverpool before moving across to Manchester in 1995. He specialises in corporate law.
LEILAH ASHURST
Leilah joined nexus in August 2004. She practises in corporate, commercial and insolvency law