Budget Getaways Ltd, a holiday company incorporated in England in June 2009, went into voluntary liquidation in July 2021 with an estimated deciency for unsecured creditors of 2.4m. The bulk of that sum was made up of lost deposits from over 2,000 members of the public who had paid for future holidays that were never fullled by the company. The Managing Director and sole shareholder, Charlie Quin, has since admitted that he continued to trade even though he knew that the company was hopelessly insolvent and that he permitted the company to accept deposits from customers when he knew that there was no prospect that the company would be able to supply the holidays. It later emerged that in May 2002, Mr Quin was disqualied from being a director for a period of ve years following I the insolvency of another holiday company of which he was Managing Director 6' Jane Smith was the only other employee of Budget Getaways Ltd. She had been employed in various roles since its incorporation. She worked her way up, principally in the sales, marketing and customer care side of the business. She later became a senior manager. Between February 2016 and May 2017 she was referred to as a 'director' in correspondence with clients. However, she was never formally appointed as a director. Mr Quin had run the company in a very autocratic way and Jane had never been involved in the nancial side of the business? e Both Mr Quin and Jane are, understandably, concerned as to the prospect of personal liability in relation to the events which have unfolded. Advise both of them in relation to their susceptibility to disqualication proceedings and potential liability in relation to other actions which may be brought by the liquidator of Budget Getaways Ltdk