The duties of company directors are set out in the Companies Act 2006 and include the duties to promote the company’s success and to act with reasonable care, skill, and diligence. In carrying out these duties, directors must have regard - amongst other things - to the impact of the company's operations on the community and the environment, and the likely consequences of any decision in the long term. These, and other recent developments in the expectations of how directors should perform their duties, mean that promoting a company’s success includes paying due regard to the impact on the environment. However, do directors have a duty to be “green”?
A leading Midlands law firm has received recognition in two prestigious legal league tables.
A partnership at will is a form of business partnership where there is no fixed term agreed for the duration of the partnership. In other words, it is completely open ended.
Employees at Leamington Spa-based law firm Wright Hassall are testing their selling skills in a fundraising effort which will see 20 teams take over the running of Myton Hospice charity shops in Coventry and Warwickshire for the day.
The UK has 4.8 million family businesses – 88% percent of all businesses in the UK – big brands such as Dyson, Warburtons and Specsavers are but a few that spring to mind. While the majority are small businesses, over 17,000 are medium and large companies.
Lola Poyner, aged 6, from Warwick has already raised more than £2,000 for Warwick Hospital and University Hospital Coventry and has now received her biggest single donation yet with a further £175 from Leamington based solicitors, Wright Hassall.
The Supreme Court has this month provided guidance on the relationship between statutory directors’ duties and the interests of a company’s creditors.
A leading Midlands law firm has strengthened its private client team with four key appointments.
Below we set out the seven key duties for directors under the Companies Act 2006, how to ensure you comply and details of the consequences if you don’t.
It may be tempting to think it safe to go ahead and breach a confidentiality agreement if it would not lead to the other party suffering any financial loss and the likelihood of their getting an injunction is slim.