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Directors: Doing your duty
Alexander Fox and Clare Arthurs look at the implications of GHLM Trading v Maroo ‘Newey J held that much as a trustee must show what he has done with trust property, “it is incumbent on a director to explain what has become of company property in his hands”.’ Corporate governance and directors’ duties are hot …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Abbey Forwarding Ltd v Hone & ors [2010] EWHC 2029 (Ch)
- Belmont Finance Corporation Ltd v Williams Furniture Ltd [1979] Ch 250
- Brandeaux Advisers (UK) Ltd & ors v Chadwick [2010] EWHC 3241 (QB)
- Colin Gywer & Associates Ltd v London Wharf (Limehouse) Ltd [2003] 2 BCLC 153
- GHLM Trading Ltd v Maroo & ors [2012] EWHC 61 (Ch)
- In the Matter of Snelling House Ltd [2012] EWHC 440 (Ch)
- Item Software (UK) Ltd v Fassihi [2002] EWHC 3116 (Ch); [2004] EWCA Civ 1244
- Re White & Osmond (Parkstone) Ltd (Unreported 30 June 1960)