Director’s Duties - Key Insights

Introduction

This webinar will help you to understand the legislation behind each duty and practical suggestions to aid compliance, avoid liability and explore the key duties that apply to directors of a private limited company.

It will also extrapolate key insights and ideas that are relevant for private companies raised by the Guidance on Directors' Duties published by The Association of General Counsel and Company Secretaries Working in FTSE 100 Companies (‘GC 100’) together with the application of two recent cases to the legislation.

If you are a solicitor or accountant new to advising private companies in the UK, or a company director keen to ensure compliance, then this webinar is for you.

What You Will Learn

This webinar will cover the following:

• Who is a company director?
• An overview of all the statutory duties, to whom they are owed (and how they operate), including the recent judgement in Vald. Nielsen Holding A/S, Newwatch Limited v Mr Victor Baldorino [2019]
• A focus on s.172 including guidance from GC 100
• The consequences of breach (including the Company Directors Disqualification Act) including Stobart v Tinkler [2019] - lessons to learn
• Directors' liability to third parties (and indemnities for third party liabilities)
• D&O insurance
• Practical guidance/action points to aid compliance in relation to each duty

This webinar was recorded on 15th January 2020