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Directors' Duties 3rd edition

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ISBN/ISSN: 9781784732219
Published: November 29, 2016
In Stock

Product description

Why should you buy Directors' Duties


Directors' Duties provides an analysis of the general duties of directors contained in Chapter 2, Part 10 of the Companies Act 2006. This new edition seeks to address case-law and other developments as well as including some discussion of recent academic scholarship. The work has been thoroughly updated with some chapters significantly revised and expanded to include:

  • Greater discussion of the issues of the limitation of actions, derivative actions and relief 
  • Examination of the UK Supreme Court decisions in Williams v Central Nigeria Bank, Eclairs Group Ltd v JKX Oil & Gas plc, AIB Group (GB) v Redler and FHR European Ventures LLP v Cedar Capital Partners LLC 
  • Examination of the Privy Council decision in Central Bank of Ecuador v Conticorp SA and recent Court of Appeal decisions, such as in Burnden Holdings (UK) Ltd v Fielding, Goldtrail Travel Ltd v Aydin, Novoship (UK) Ltd v Nikitin and Smithton Ltd v Naggar 
  • Consideration of some superior court decisions in other common law jurisdictions, such as that of the Hong Kong Court of Final Appeal in Chen Wai Too v Poon Ka Man Jason, the Australian Federal Court in ASIC v Mariner and the New Zealand Court of Appeal in Morgenstern v Jeffreys

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Table of contents

Directors: Background and Role
Directors in the Corporate Governance Process
Codification of Duties
Duty to Act with Powers
Duty to Promote the Success of the Company
Duty to Exercise Independent Judgment
Duty of Care, Skill and Diligence
Duty to Avoid Conflicts
Duty not to Accept Benefits
Duty to Declare Interests
Duty to Consider the Interests of Creditors
Derivative Proceedings
Consequences of Breach (including relief)
Ratification of Breaches of Duty
Judicial Excusing of Breaches