A Guide to Director Risk Management

When performing due diligence on a potential business partner, it is just as important to investigate the people running that company as it is to investigate the company itself.

The past performance of other companies they have previously been, or are currently,  involved with can be a key indicator of their current company's future performance.

A proper director risk management strategy will also be able to uncover any bad actors that either have a history of phoenixing or are banned from being involved in the running of a company.

In this guide we will discuss:

• The importance of director risk management
• Director disqualification
• Bankrupt directors
• Directors with a history of insolvent companies
• Phoenixing
• How to combat director risk