Directors can be allowed to act even if they have a conflict of interest, but the correct procedures must be followed. It’s important to get this right, as transactions can be overturned and
directors held personally liable. So what do you need to know about conflicts of interest?
Published 03.02.2020
You’ve been approached by another company and asked to join its board of directors. It’s great to be asked but you already hold a directorship at your own company, so you’ll have to turn this
opportunity down, won’t you?
Published 08.09.2020
As directors, you’re unsure of your duties if there’s a conflict between your own interests and those of the company. So what’s the story in light of the new Companies Act?
Published 22.10.2008
What should you do if you discover that a fellow director’s been dealing on the side? What does the latest case say?
Published 08.06.2006
On October 1 three new directors’ duties took effect. What do you need to know to ensure you and your company are compliant with them?
Published 03.12.2008
The Financial Services Authority (FSA) protects consumers buying financial products from an “authorised seller”. If you’re taking out insurance, investments etc., on behalf of your company, how can
you be sure that the seller is authorised?
Published 14.04.2011
You’re starting a company and want to avoid the director shareholder disputes you’ve experienced previously. A colleague suggests a shareholders’ agreement, but can it really take precedence over the
articles of association?
Published 28.06.2016
You want to borrow some cash from your business for a while. Because it’s a private company with only a few director/shareholders no one is going to object, but you might still be putting yourself at
risk. Why, and how can you avoid this?
Published 25.04.2013
Every director owes a fiduciary duty to their company - this means acting in its best interests at all times. But is the same type of duty owed to the shareholders of a company too?
Published 22.01.2016
You’re already a director. Out of the blue you’re approached by another company and asked to join its board of directors. You’re flattered, but is it possible to hold more than one directorship?
Published 28.03.2007