High Court reaffirms strict personal liability for directors in reckless trading ruling
Bizcommunity | 06.10.2026 21:53
The matter concerned a plaintiff, a private company in the business of marketing and selling process control instrumentation, which had appointed the third defendant as a non-exclusive distributor of its products. The first defendant was at all material times a director and principal managing officer of the third defendant, while the second defendant was also a director throughout the relevant period.