Kids Company - What Can We Learn?
In 2015, Kids Company was wound up on the basis that the charity was unable to pay its debts.
After a two-year investigation, the Official Receiver brought proceedings to disqualify its director-trustees and CEO.
In February 2021, the High Court handed down a 225-page judgment reflecting the complex issues raised in this case.
Those defendants who opposed the claim for disqualification were exonerated by Mrs Justice Falk who criticised the Official Receiver for commencing proceedings.
In this one-hour webinar Claris D’cruz, who is a specialist charity lawyer with significant charity board experience will analyse the ruling. Knowledge of the decision is essential both for private practice and in-house lawyers, accountants and other practitioners who advise charities, as well as all those who may be director-trustees themselves.
What You Will Learn
This webinar will cover the following:
- The grounds upon which the proceedings were brought
- How s6 of the CDDA 1996 should apply in a charity context
- The standards expected of a director-trustee of a charity
- How to determine if someone is a de facto director-trustee
- Why the director-trustees were exculpated
- Why the Judge criticised the Official Receiver’s decision to bring proceedings
- What to consider when advising in relation to charities which are on the brink
- What it means for professionals who may be director-trustees or who may be considering taking on such a role
- Practical implications and wider lessons to be learned
This webinar was recorded on 13th May 2021
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