Podcast Location:
Download it here [file size: 25.6 MB]
Categories:
Employment Law
Corporate & Commercial Law
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

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:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
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 Difficulty: 3 of 5
Classification:
Panel Discussion
Sources and References:
  • Companies Act 2006, s 175;
  • Solicitors' Code of Conduct.
Tags:

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

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