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The UK banned 1,037 company directors last year. How many ran waste companies? Nobody counted.
In this episode, we debate: Is a director disqualification system that cannot identify the industry of the directors it bans a bureaucratic oversight — or a structural feature of how company law works?
We unpack 5 concepts you will need before reading the article: the Disqualification Register Gap, the Expected Return Ratio (2,000:1), the Salomon Doctrine and corporate personhood, Section 216 (the phoenix provision), and the Enforcement Strategy Blind Spot.
Part 1 of 3 in the Phoenix Economics series. Next: The Rebirth — how a banned operator's relative can take over the same site for under £300.
Topics: waste crime, phoenix directors, company director ban, environmental enforcement, waste fraud, illegal waste
Read the full article: youreanatural.com/consumer-intelligence/the-ban
By You're A NaturalThe UK banned 1,037 company directors last year. How many ran waste companies? Nobody counted.
In this episode, we debate: Is a director disqualification system that cannot identify the industry of the directors it bans a bureaucratic oversight — or a structural feature of how company law works?
We unpack 5 concepts you will need before reading the article: the Disqualification Register Gap, the Expected Return Ratio (2,000:1), the Salomon Doctrine and corporate personhood, Section 216 (the phoenix provision), and the Enforcement Strategy Blind Spot.
Part 1 of 3 in the Phoenix Economics series. Next: The Rebirth — how a banned operator's relative can take over the same site for under £300.
Topics: waste crime, phoenix directors, company director ban, environmental enforcement, waste fraud, illegal waste
Read the full article: youreanatural.com/consumer-intelligence/the-ban