Taylor Wessing

Dear Beverley


The Companies Act 2006:  Forewarned is forearmed

 

With the implementation this October of some key provisions in the Companies Act 2006, directors need to be aware of their revised obligations and the potential increased risk of claims being made against them as a result.  We can advise both directors and companies of the potential pitfalls and to pursue or defend litigation where necessary.

 

Sifted from the Act's 1,300 significant sections and 16 schedules, click on the following links for brief snapshots of some important developments and the steps that can be taken to forestall any litigation that might arise from those changes: 

 

Directors' General Duties

New Statutory Derivative Claim

 

Conversely, additional protection will be available for members by the introduction of restrictions on access to the company's register of members.  Click on the link below for a summary:

 

Access to Register of Members

 

Taylor Wessing have produced the attached documents as more detailed guides to those changes taking place on 1st October 2007: 

 

The Companies Act 2006 - Headline changes

The Companies Act 2006 - Guide to the October 2007 changes

The Companies Act 2006 - Directors' duties

 

Fuller guides to the changes taking place next year will be available nearer the relevant dates.

 


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© Taylor Wessing LLP 2007
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