Several months after Sir Philip Green became embroiled in a highly publicised scandal, Karren Brady resigned as chair of his retail empire. Despite allegations of harassment and discrimination made by staff against Green, Brady initially intended to remain with Taveta Investments, the holding company of Green’s Arcadia Group. She cited her duty to employees as […]
Read MoreDirector’s Duty of Care – Falling Short of that Standard is not Acceptable.
Angelmist Properties Limited v Leonard and Others – The case[1], a summary judgment application/interim payment application, provides important guidance on the discharging of the director’s duty of care. It can be seen as a warning to all directors, especially those of companies that form part of a larger structure where other interests might come into […]
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