Thursday, 6 March 2008
England & Wales: Case law: Directors' disqualification: acquiescence in corporate governance system
In Official Receiver v Watson & Anor [2008] EWHC 64 (Ch), a finance director was found unfit to be involved in the management of a company (the length of his disqualification period was left for a later hearing). The case against the director was based on his acquiescence in the system of corporate governance adopted by the other directors, which involved breaches of company law.
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