Corporate directors - a warning from the Supreme Court?
01 December 2010Corporate Newsletter
An article in the December 2010 issue of the Hogan Lovells Corporate Newsletter.
In dissenting judgments in a recent case before the Supreme Court (Holland v The Commissioners for Her Majesty's Revenue and Customs), two senior judges held that a director of a corporate director should be treated as a director of the underlying company. This article considers whether, in light of these judgments, sole directors of corporate directors should consider taking steps to minimise the risk that they might be found to owe duties directly to the underlying company.
View the December 2010 issue of the Hogan Lovells Corporate Newsletter here.