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Director disqualified for breaching existing ban 23 January 2014

For acting in breach of an existing seven year ban, the a former director of a furniture manufacturer has been disqualified for 11 years.

An investigation by The Insolvency service found Shaun Bright had acted as a shadow director for Hamptons Manufacturing Limited, which entered administration in June 2011 with debts of over £1.5m.

Although Bright was banned from acting as director for seven years in 2006, he was found to have presented himself as one to customers.

Bright, despite not having been formally appointed as a director, continued to carry out management duties including signing documents, issuing cheques and exercising financial control, instructing employees, and making key decisions regarding customers and suppliers.

The terms of Bright’s disqualification order from 2006 expressed that he should not act as a director without the leave of the court, for which he had never applied.

The Insolvency Service found no suggestion that the formally appointed directors were aware of Bright’s disqualification.

Mark Bruce, chief examiner at the Insolvency Service, said: “Mr Bright flagrantly ignored his previous disqualification and has opened himself up to possible criminal proceedings and personal exposure for the debts of the company. He has made his bed and must now lie in it.

“The period of disqualification provided by the court in these latest proceedings indicate the seriousness with which the Insolvency Service views this sort of unfit behaviour.”

 

 

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