The line between corporate and personal liability is one of the most consequential, and least understood, features of legal risk for senior leaders. Most exposure rests with the company, but certain conduct, statutory breaches and director duties can reach individuals directly, with consequences for personal assets, disqualification and reputation. This report explains how personal and corporate liability are distinguished in your chosen jurisdiction and industry: when the corporate veil holds and when it can be pierced, the statutory regimes that impose individual accountability, and the scenarios in which executives are named alongside or instead of the company. It sets out the warning indicators of rising personal exposure, indicative ranges for individual consequences, the protective role of indemnities and insurance, and when to seek independent personal legal advice distinct from the company's counsel.
Reference material for informed readers, not advice.
