What you should do if you are a creditor and a shareholder appoints a liquidator?

Damien Grant of Waterstone Insolvency and Brent Norling of Norling Law discuss the issues that can arise from a shareholder appointed liquidator. We discuss the common perception that a shareholder appointed liquidator is going to be favourable to the director and what you should do if you are a creditor and a shareholder appoints a liquidator.