Many thanks to everyone who attended our recent webinar, “Insolvency and directors: the impact of bankruptcy and liquidation on directors, including disqualification and restraints prior to discharge” by Jason Nickless and Palak Sikri. We hope you found the talk useful and informative.
This webinar focused on the impact of insolvency on directors, covering both personal bankruptcy and corporate insolvency aspects. Palak presented on personal insolvency, explaining how bankruptcy automatically disqualifies directors under the Company Directors Disqualification Act 1986, with disqualification lasting until discharge from bankruptcy and potentially extending to 15 years through Bankruptcy Restriction Orders (BROs). Jason then discussed the impact of company liquidation on directors, outlining the investigation process by liquidators, the criteria for disqualification under Section 6 of the 1986 Act, and the procedures for both disqualification orders and disqualification undertakings. The presentation covered recent developments including bounce-back loan investigations and immigration-related matters, and concluded with a discussion of mitigation strategies and factors that could reduce disqualification periods.
If you would like to review the webinar again, you can find the slides here (please email Chelsey Stuart if you would like to reuse the slides for your own purposes).
Jason Nickless is experienced in commercial and civil litigation. He can be relied upon to provide carefully considered advice and robust representation in contentious disputes.
Before being called to the Bar in 2001, Jason Nickless worked as an academic at the University of Leuven and later as the managing director of his own consultancy company. He has published numerous books and articles on the subject of European Social Law. He was particularly involved in considering the impact of the EC provisions on competition and free movement upon social systems such as health care and pensions. He has given presentations at conferences and lectures at universities throughout Central and Western Europe including Barcelona, Brno, Brussels, Bucharest, Budapest, Genève, Graz, Helsinki, Kiev, Ljubljana, Luxembourg, Maastricht, Mangalia, Moscow, Ostend, Prague, Sarajevo, Strasbourg and Tallinn. He has undertaken consultancy work for the Council of Europe in Strasbourg and the European Commission in Brussels as well as government ministries and NGO’s.
Palak is a specialist civil law practitioner developing a practice in business and commercial disputes, employment law, personal injury, and property law. She is regularly instructed for both Claimants and Defendants, appearing in the Employment Tribunal, the County Court, and the High Court.
In civil proceedings, Palak is regularly instructed across personal injury, property, and commercial and contractual disputes. Her personal injury practice spans employer’s liability, occupiers’ liability and public liability claims, and she is routinely instructed in credit hire matters across both the Fast Track and Small Claims Track.
On the commercial and contractual side, Palak has experience representing both claimants and defendants in breach of contract claims, including disputes arising from agency and principal relationships. She has experience in advising on liability, quantum, and the prospects of settlement in commercial disputes, and brings a commercially-minded approach to litigation that reflects her background in business and finance.
