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A Practitioner's Guide to Directors' Duties and Responsibilities 3/e by Tim Boxell
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A Practitioner's Guide to Directors' Duties and Responsibilities 3/e [Paperback]

by Tim Boxell
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Description of A Practitioner's Guide to Directors' Duties and Responsibilities 3/e

Fully updated in light of the Companies Act 2006, this third edition of A Practitioner’s Guide to Directors’ Duties and Responsibilities provides practical advice and guidance on the many and varied responsibilities of UK directors.

The legal and regulatory environment for directors is much changed since the second edition of this Guide was published. The introduction of the Companies Act 2006 has codified directors’ duties, providing for the first time a statutory statement of what these duties are.

Responses to the Company Law Steering Group were largely in favour of codification on the grounds of greater transparency. However, the legal obligations of directors remain complex and challenging. Although the new statutory duties replace the existing case law, common law principles still apply to interpreting them. Concerns remain because the wording in the legislation does not necessarily correlate with how the duties were previously understood.

Other important changes covered by this book include the updated version of the Combined Code, which applies to listed companies for accounting years beginning on or after 1 November 2006. At a European level, the Transparency Directive imposes obligations on listed companies to make further notifications to the market. For companies regulated by the Financial Services Authority, new developments affect the way in which the FSA supervises the conduct of directors.

More than a general corporate governance book, A Practitioner’s Guide to Directors’ Duties and Responsibilities is a high-level review of the UK law, written by an experienced team of practitioners from leading law firms. It is an essential publication for directors, their advisors and anyone wanting an informed and practical view of directors’ duties under the new Companies Act.

Title Information

ISBN:
9781905121205
Pages:
418 pages
Format:
Paperback
Product Code:
265818
Publisher:
City & Financial Publishing
Published:
01/07/2007
Edition:
3rd Edition

Press and Industry Reviews

'The need for advice and guidance is probably greater than ever, which is why I can recommend this book. The contributors are leading corporate lawyers whose collective knowledge of the increasingly complicated legal environment within which directors operate is second to none. All of the key developments of the last two years are thoroughly covered to provide an indispensable source of information for directors wanting an informed view of their responsibilities, as well as those lawyers and others whose role is to advise directors.'
Derek Higgs, Chairman, Partnerships UK plc

'As higher standards of knowledge and skill are required of directors, this will be a valuable Guide to those directors who want an informed view of their responsibilities. This Guide will also be an indispensable source of information for lawyers and other practitioners who are called upon to advise directors. Each set of issues is written by a leading practitioner in the relevant field.'
Peter Holland, Partner, Allen & Overy

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Contents of A Practitioner's Guide to Directors' Duties and Responsibilities 3/e

1. Introduction
Tim Boxell, Partner, Slaughter and May
2. Appointments and Vacation of Office
Chris Hale, Partner, Travers Smith
Rachel Woodburn, Head of Professional Support, Travers Smith
3. Directors' Duties
Richard Slynn, Partner, Allen & Overy LLP
4. Potential Liabilities
Michelle de Kluyver, Senior Associate, Allen & Overy LLP
Rosalind Nicholson, Barrister, 4 Stone Buildings
5. Fair Dealing and Connected Persons
Vanessa Knapp, Partner, Freshfields Bruckhaus Deringer
6. Services Contracts and Remuneration
John Farr, Partner, Herbert Smith LLP
Jemima Coleman, Professional Support Lawyer, Herbert Smith LLP
7. Share Dealing by Directors and Connected Persons
Andrew Peck, Partner, Linklaters LLP
8. Directors' Powers and Proceedings
Caroline Carter, Partner, Ashurst
9. Corporate Governance
Jonathan Marks, Partner, Slaughter and May
10. Directors Facing Disputes
Michael Hatchard, Partner, Skadden, Arps, Slate, Meagher & Flom (UK) LLP
11. Duties of Directors Facing Insolvency
Hamish Anderson, Partner, Norton Rose
12. Regulatory Investigations
Angela Hayes, Partner, Lawrence Graham LLP
13. Disqualification of Directors
David Allison, Barrister, 3-4 South Square
Stephen Robins, Barrister, 3-4 South Square


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