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Directors' and Officers' Liability Review - Issue 45


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Issue: 45
Published: 17/09/2009
David Smyth, James Roberts, Mark Howard, Roderic McLauchlan, Stuart Hall, Michael Maguiness

The Pensions Ombudsman gets tough

In this article we discuss a number of recent Pensions Ombudsman determinations, where trustees have been found personally liable for breach of trust and ordered to reimburse the scheme.

Hong Kong decision signals expansion in the scope of D&O claims

This article considers the Hong Kong Court of First Instance's decision in Moulin Global Eyecare Holdings Limited (in liquidation) & Ors v Lee (2009), which highlights the potential risk of an expansion in the grounds giving rise to claims against directors and officers.

Liability of directors of phoenix companies

In this article we examine the strict liability regime which applies to directors of phoenix companies and explain how it can be used as an additional weapon in the liquidator's arsenal.

News digest

In each issue of this publication we include a section highlighting other recent D&O developments.