Warner Goodman LLP’s Post

🔍 Eager to unravel the complexities of corporate governance? Join us for the finale of our 'Directors' Duties' series, where Commercial Litigation Solicitor Mollie Leak explores Sections 175, 176 and 177 of the Companies Act 2006. 💼 Uncover invaluable insights on: 📌 Section 175: Navigating Conflicts of Interest 📌 Section 176: Rejecting Third-Party Benefits 📌 Section 177: Disclosing Interests in Company Transactions Stay compliant, lead effectively, and safeguard your business! 🔗 Read the full article here: https://lnkd.in/eN67xdXK Have a question about Directors' Duties? Reach out to Mollie Leak and our Commercial Litigation team on 023 8063 9311 or email enquiries@warnergoodman.co.uk. #DirectorDuties #CompanyDirector #CompaniesAct2006 #CommercialLaw #CorporateLaw #CommercialLitigation #BusinessCompliance #LegalInsights

Very informative article.

🔍 Are you aware of your key responsibilities as a company director? Dive into the latest article in our 4-part series, where Mollie Leak, an experienced Solicitor in our Commercial Litigation team, examines key elements of the Companies Act 2006. Unlock valuable insights into the pivotal roles and responsibilities held by Company Directors. In this instalment, Mollie focuses on: 📌 Section 173: Duty to Exercise Independent Judgement 📌 Section 174: Duty to Exercise Reasonable Care, Skill and Diligence These insights are essential for every company director who wants to stay compliant and lead effectively. 👉 Read the full article here: https://lnkd.in/eGgTHcJ9 Stay tuned for the last article of the series next Tuesday! #DirectorDuties #CompanyDirector #CompaniesAct2006 #CommercialLaw #CorporateLaw #CommercialLitigation #BusinessCompliance #BoardResponsibilities #LegalInsights

What are a director's duties and responsibilities? Mollie Leak looks at this question as part of a four part series to follow. A useful article

💼 Dive into Directors' Duties: Essential 4-Part Article Series: Directors are the backbone of every company. But what exactly are their core responsibilities under the Companies Act 2006? Join Mollie Leak, our experienced Commercial Litigation Solicitor, as she unveils these important duties in a comprehensive four-part series. 📖 First Installment: Gain a detailed overview of a director's role and duties. Don't miss this essential guide: 🔗 https://lnkd.in/ej7nbpTa Follow our LinkedIn page to stay connected and ensure you catch our upcoming articles. Our next release is on Tuesday, 28th May. #DirectorsDuties #CompaniesAct2006 #BusinessLeadership #CorporateGovernance #CommercialLitigation #LegalInsights

⚖🤝 The Court of Appeal decision in Humphrey v Bennett reveals that context is key to determining if directors have breached their duties around conflicts of interest. The steps required to satisfy directors’ duties might be quite different in a small, informally run company. Here, Senior Associate and experienced commercial litigator Matthew Moy explains what this decision means for directors and shareholders of companies. ➡Our commercial law expertise:  https://lnkd.in/d9nZknq #commerciallaw #directorsduties #humphreyvbennett

We would like to congratulate Dr. Jason Corbett and Don Sornumpol for having been recognized as 'Recommended Lawyers' for Corporate and M&A by The Legal 500 (Legalease). Read more: https://lnkd.in/gUGz7PUh #CorporateLawyer #ThailandLawyer #MergersandAcquisition #Legal500 

More questions for The Law Society...

Most companies know that the legal advice they receive from their lawyers is privileged. However, they should also be aware that in a dispute between the company and a shareholder, their legal advice may not be privileged and could be disclosed.   The “general rule” is that where a company gets legal advice and pays for it out of the company’s funds, a shareholder has a right to see it. However, recent cases have cast doubt on this principle, particularly due to the realities of modern companies.   It is likely the Supreme Court will reformulate the rule. In the meantime, Directors should be cautious and consider their position at the time advice is given. If you find yourself entering a dispute, the expertise of our team will be able to help- please get in touch. #shareholderdisputes #commerciallaw #londonlawyers

The subject of legal privilege is one that always makes me slightly nervous! In this update from Hogan Lovells, a recent case is examined on the application of legal privilege in cases involving a company and its shareholders. The 'shareholder principle' generally prevents a company from asserting legal privilege to refuse disclosure of documents to its shareholders. Like much of company case law, this principle arises from a somewhat archaic decision that pre-dates our current understanding of the relationship between a company and its shareholders and was certainly made long before CREST accounts were even dreamed of! It will be interesting to see where this goes next! #LegalPrivilege https://lnkd.in/eJVnVntR