Aviva claims increase in failing business could put directors and officers at risk
New statistics show D&Os need to be aware of their rights
Aviva has warned that as more businesses face liquidation, directors and officers are at greater risk of being sued.
The Insolvency Service statistics released for the first quarter of 2009 showed that in total there were 4,941 compulsory liquidations and creditors' voluntary liquidations. This was an increase of 7.1% on the previous quarter and an increase of 56% compared to last year.
Robin Farquhar, head of specialist lines for Aviva, said: "As we become a more litigious society, directors
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