Podcast Location:
Download it here [file size: 19.3 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 is aimed at practitioners of all levels looking to understand the codification of directors' duties under the Companies Act 2006.

Outcomes:
After completing the course you will:
  • Understand the duty of a director to avoid conflicts of interest;
  • Understand exceptions to the duty to avoid conflicts of interest;
  • Understand when a director may be permitted to behave in a way which could give rise to a conflict of interest;
  • Understand how the new Act codifies or modifies the existing common law rules;
  • Understand how the duty of directors under section 176 not to accept benefits from a third party.
Level:
Intermediate Difficulty: 3 of 5
Classification:
Legal Principles
Legislative Updates
Practical Guide
Sources and References:
  • Companies Act 2006;
  • London & Mashonaland Exploration Co. v. New Mashonaland Exploration Co. [1891] WN 165;
  • Bell v. Lever Brothers Ltd. [1932] A.C. 161; [1931] All ER 1;
  • Item Software (UK) Ltd v Fassihi [2004] EWCA Civ 1244 Peso Silver Mines Ltd. (N.P.L.) v. Cropper, [1966] S.C.R. 673.

This CPD podcast is the fourth in a series provided by members of Erskine Chambers which examine the new codified directors' duties set out in the Companies Act 2006. In this podcast Ben Griffiths examines the duty of directors to avoid conflict of interests under section 175 of the new Act. Section 176 is also briefly explained.

Podcast Added: 23/12/2008

Podcast last reviewed: 2011-10-31

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