R3 Launches Free Guide for Company Directors

As part of their Back to Business campaign, R3 has launched a free guide for company directors that explains how to spot signs of financial distress, the options open to them for resolving it, and where to find sources of regulated advice.

The guide:  

• Provides a one-stop guide to the main options that are available to resolve corporate financial distress;

• Explains how the insolvency and restructuring framework and profession can help to rescue viable businesses, save jobs, and repay creditors;
• Helps to point directors to qualified and regulated sources of this advice;
• Sets out the duties and responsibilities of company directors and the importance of meeting them.