It is not easy to be a director or an officer of a company. Do you know the amount of personal risk the director faces? There are legal performances such as unlimited fiduciary duties. Unlike other companies, these directors are not allowed to hide behind limited liability. Unfortunately, these directors are liable to all of their liabilities. This causes a huge risks to their personal assets. In addition to this, the directors are "joint and severally liable". Those in non-executive roles are equally liable. If a company, shareholders, creditors or any other member believes that they have suffered a loss as a result of a wrongful act by a director, or they assume that fiduciary or contractual duties have been contravened, then in such a case they can sue the director even if the allegation is spurious.