Hiding made easier for dodgy directors

One aspect of the Companies Act 2006 which has not inspired much comment is the new rules about disclosure of directors residential addresses.

These are contained in sections 240 -246 of the Companies Act 2006.  These provisions came into force on 1 October 2009, together with most of the remaining provisions of the Companies Act 2006 that had not yet been brought into effect.  For an article on all of the key changes coming in to force in October 2009 please click on this link.

The effect of ss 240 - 246 of the Companies Act 2006 will be to make life more difficult for those in the business of pursuing dodgy directors. 

Read more »

Northern Rock ex-directors in the clear

After taking some high powered legal and forensic accounting advice Northern Rock has apparently decided that there are insufficient grounds to proceed with a negligence action against its former directors.

Negligence claims against directors are relatively rare but are a specific form of boardroom dispute.

Read more »