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Articles & Commentary from Apr 2009
30
Apr
2009

Non-Executive Directors - Total Inactivity and Causation of Loss

Author: Andrew Bowen KC

In this article Andrew Bowen examines the liability of non-executive directors in company fraud cases. He looks at the case of Lexi Holdings Plc (in administration) v Luqman [2008] which raises questions about the suitability of family members as non-executive directors and emphasises the difficulty of establishing liability. This article originally appeared in Issue 99 of W. Greens Business Law Bulletin and is reproduced here with their kind permission. more...

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