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.