Podcast Location:
Download it here [file size: 20.5 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 CPDcast is aimed at all levels of practitioners and is aimed at giving an understanding to the background to the codification of directors’ duties under the Companies Act 2006; the relationship between the new duties and the former fiduciary duties; how the Court will interpret the new duties. Listeners will find out how the new duties apply to nominee and shadow directors and also understand the consequences of a breach of the new duties.

Outcomes:
After completing the course you will:
  • Understand why the new rules were introduced and what they are;
  • Understand how the new rules fit with the former fiduciary duties;
  • Have learnt the likely approach of the Court to interpreting the new duties;
  • Have learnt what duties are owned by nominee and shadow directors;
  • Have learnt the impact of a breach of the new duties by a director.
Level:
Intermediate Difficulty: 3 of 5
Classification:
Legal Principles
Legislative Updates
Panel Discussion
Sources and References:
  • Companies Act 2006 Sections 171-175.

This CPD podcast is one of a series provided by members of Erskine Chambers which examine the new codified directors' duties set out in the Companies Act 2006. In this, the first of the series, Richard Snowden QC and Alex Barden consider the background to and effect of the codification of directors' duties. The podcast looks at the effects of codification, summarises in brief terms what the new duties are and examines the inter-action of the new statutory duties with the former common law and equity principles. The podcast also considers the consequences of breach of the new duties. This CPD podcast is suitable for all levels of user.

Podcast Added: 17/12/2007

Podcast last reviewed: 2011-10-31

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