Court Upholds Directors’ Actions as Lawful Preparations
Two former directors of CEL Solicitors have been cleared of breaching their duties in setting up a competing firm.The Court of Appeal maintained that preparatory actions taken by the directors…
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fiduciary duties
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Solicitor Struck Off for Misuse of Client Funds
A solicitor has been struck off for using client money to fund his law firm.The individual paid personal and professional expenses with client funds.Misrepresentation to another firm regarding a £72,000…
Former BHS Directors Penalised £13m Over Fiduciary Violations
In an emblematic case of corporate accountability, two former directors of British Home Stores (BHS) have received substantial fines. The High Court has mandated these fines following breaches of fiduciary…
