A Practitioner's Guide to Directors' Duties and Responsibilities 5th ed

This work provides practical advice and guidance on the many and varied responsibilities of UK company directors.

The fully revised 5th edition has been updated to cover the Enterprise and Regulatory Reform Bill, revisions to the Market Abuse Directive, the UK Corporate Governance Code and the many other developments that have recently affected the powers and responsibilities of company directors in the UK.

• Sets out the full range of directors' powers and duties
• Looks at the potential liabilities of directors
• Covers the appointment of directors, services contracts and vacation of office
• Explains the impact of the Enterprise and Regulatory Reform Bill on executive remuneration and termination payments
• Covers share dealing by directors
• Goes through the implications of the new Market Abuse Directive (MAD II)
• Gives in-depth guidance on corporate governance issues – including changes to the UK Corporate Governance Code from October 2012 and the European Commission green paper on the EU corporate governance framework
• Considers the consequences of breaching the rules, going through the steps taken when there is a dispute against a director and the proceedings that may follow if a director is disqualified
• Discusses current UK financial services regulatory developments and their impact on investigations and enforcement
• Goes through the duties of directors when a company goes into insolvency
• Explains recent case law on de facto directorships and shadow directorships