Statutory Exposures (Typical)

• Health & Safety at work act
• (GDPR) General Data Protection Regulation
• Transparency Obligations
• Companies Act 2006 (hundreds of possible offences)
• Racial and Sexual Discrimination
• Ageism and Disability Discrimination
• Insolvency Act (wrongful trading)
• E.U. Directives and Regulations
• Consumer Protection
• Employment Practices

Taking into account the exposures highlighted, a Director has to be mindful of all these when considering the following circumstances which quite often give rise to claims or legal proceedings

Circumstances

• Sale of Assets/Divestments
• Acquisitions/Investments
• Poor performance
• Share Issues/Change of share ownership
• Expansion Plans or Rationalisation
• Liquidation
• Failure to supervise
• Adverse publicity
• Dishonesty of fellow directors
• Safety and emergency regulations
• Breaking company Act and GDPR regulations