Last week, the UK’s Insolvency Service published statistics on its enforcement activities and outcomes during the last financial year. The Report describes The Insolvency Service’s enforcement activities in the areas of director disqualifications, company enforcement actions, bankruptcy and debt relief matters, and criminal prosecutions. It also illustrates certain enforcement trends in director disqualifications.
- highlight three trends in director disqualification enforcement which emerge from the Report;
- suggest factors that may have contributed to these trends; and
- discuss whether these trends are likely to continue.
They also provide some insights on contested disqualification proceedings from recent cases.