By Yasmine EDDAM
27 April 2025
Navigating a company through financial difficulties is a demanding ordeal for any manager. In addition to the operational and economic challenges, particular attention must be paid to the personal responsibilities that may be incurred. In the event of receivership or, more frequently, compulsory liquidation, managers may find themselves exposed to a range of sanctions if they are at fault in the management of the company or in the conduct of the proceedings. Knowing these risks is essential if you are to anticipate and, if possible, avoid potentially serious consequences. This article provides an overview of the three main categories of sanctions: financial, professional and criminal. Each of these categories is the subject of more in-depth analyses in dedicated articles on our blog. Financial penalties: when personal assets are at stake The main fear of many company directors is that their personal assets will be used to cover the company's debts. This...
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