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Supreme Court delivers a stark warning to directors: “good faith” is not a get out of jail free card
The Supreme Court has sharply clarified the limit of a director’s duty to act in good faith under section 172 of the Companies Act 2006 – sending a clear message that subjective belief that you are acting in a positive manner alone is no longer enough to justify a director acting independently of the other directors.
Hempsons celebrate another great year in The Legal 500
We are delighted to announce another outstanding year for Hempsons in The Legal 500. Our team has been praised for its exceptional reputation and high quality of work over the past year.