Understanding the shift in a director's duties during insolvency is crucial. We delve into how responsibilities transition from shareholders to creditors, highlighting the importance of protecting creditors from excessive risks in financial distress. #Insolvency #CorporateLaw #DirectorDuties #BusinessRisks #CreditorProtection #FinancialHealth #CompanyManagement #LegalResponsibilities #BusinessLeadership #InsolvencyStrategy
