company law

Mayson, French and Ryan Company Law 24th Edition 2007.

“Following the company law debate, in order to ensure that the duties become clearer, and to encourage companies to behave in a more socially responsible way, the legislature in the Companies [Act] 2006 has provided a new statutory formulation to underscore the broader aims that directors should promote.”

Arsalidou, D Shareholder primacy in Cl. 173 of the Company Law Bill 2006 Company Lawyer (2007)

Undertake a critical evaluation on whether the new statutory form of directors’ duties does make the duties a director owes clearer and offer opinion on how radical you consider the changes in directors’ duties to be?

Your answer must refer to relevant case law and academic opinion.