Directors' Duties in Joint Venture Companies
- Podcast Location:
- Download it here [file size: 25.6 MB]
- Categories:
-
Company Law
- CPD Points:
- Up to 1 point. details »
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Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)
Regulated by the Bar Standards Board:
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Regulated by ILEX:
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- Length:
- 30 minutes of audio
(+ optional 5 minute online quiz) - Plays on Computer:
- Yes Downloadable as MP3: Yes
- Contributor(s):
- Course Aims:
This podcast aims to examine the extent of a director’s duties when he is a director of a joint venture company. It will address how any potential conflicts can be managed and whose interests a director has a duty to protect.
- Outcomes:
- After completing the course you will:
- Understand the differences that arise between the duties of a director of a joint venture company and the duties of a normal director;
- Understand the potential for conflicts of interest to arise and how such conflicts might be managed;
- Understand what the ‘duty to promote the success of the company’ means in the context of a joint venture;
- Be aware that the duty to act with an independent judgment can often cause difficulties in a joint venture when board appointees are placed to look after sectional interests;
- Be aware how potential breaches of duty can be authorised;
- Be aware of a director’s duty of confidentiality to his company;
- Understand the director’s duties in relation to a company’s insolvency and how assumed lines of responsibility can become distorted in this situation;
- Understand what a shadow director is and be aware of their position in a joint venture context.
- Level:
- Intermediate
- Classification:
-
Panel Discussion
- Sources and References:
-
- Companies Act 2006, s 175;
- Solicitors' Code of Conduct.
This podcast is about directors duties in the context of a joint venture company. Practitioners will be familiar with the general duty to their company. This podcast examines the extent to which a director’s duties might be modified when he has a foot in more than one camp.
Podcast added: 20/12/10
Podcast last reviewed: 2011-06-27
