Description
Book SynopsisThis book assesses whether the law relating to directors’ duties and shareholder litigation has contributed to this, taking into account the changes to both that were introduced by the Companies Act 2006.
Trade Review‘This book takes us back to the financial crisis and asks: should the directors of the financial institutions that caused the crisis be held responsible to their investors? Loughrey’s and her contributors’ analysis of that question and the suggestions to implement their proposals are insightful and timely. This is a must-read book for those of us who are still trying to determine how to avoid the next financial crisis.’ -- Randall Thomas, Vanderbilt Law School, US
Table of ContentsContents: Introduction Joan Loughrey 1. The Director’s Duty of Care and Skill and the Financial Crisis Joan Loughrey 2. The Duty to Promote the Success of the Company: Is it Fit for Purpose in a Post-financial Crisis World? Andrew Keay 3. Narrative Reporting and Enlightened Shareholder Value Under the Companies Act 2006 Charlotte Villiers 4. Think Again: How Good Leaders Can Avoid Bad Decisions Andrew Campbell 5. Shareholder Activism and Litigation Against UK Banks – the Limits of Company Law and the Desperate Resort to Human Rights Claims? Roman Tomasic and Folarin Akinbami 6. Recent Cases on the Winding-up of Hedge Funds on Treasure Islands Robin Hollington 7. An Assessment of the Present State of Statutory Derivative Proceedings Andrew Keay and Joan Loughrey 8. Directors’ Duties and Shareholder Litigation: The Practical Perspective Joan Loughrey Conclusion Joan Loughrey Index