Yesterday the Court of Appeal gave judgment in Lexi Holdings Plc v Luqman & Ors [2009] EWCA Civ 117, a case concerning the liability of directors for inaction. The Court of Appeal found the directors' liability more extensive than the judge at first instance ([2008] EWHC 1639 (Ch)). A more complete summary will be posted soon...Friday, 27 February 2009
UK: England and Wales: directors' liability for inaction
Yesterday the Court of Appeal gave judgment in Lexi Holdings Plc v Luqman & Ors [2009] EWCA Civ 117, a case concerning the liability of directors for inaction. The Court of Appeal found the directors' liability more extensive than the judge at first instance ([2008] EWHC 1639 (Ch)). A more complete summary will be posted soon...
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