Directors' Duties and Shareholder Litigation in the Wake of the Financial Crisis

Released on by Joan Loughrey
preview-18

  • Directors' Duties and Shareholder Litigation in the Wake of the Financial Crisis Book Detail

  • Author : Joan Loughrey
  • Release Date : 2013-01-01
  • Publisher : Edward Elgar Publishing
  • Genre : Business & Economics
  • Pages : 271
  • ISBN 13 : 0857939661
  • File Size : 35,35 MB
DOWNLOAD BOOK

Directors' Duties and Shareholder Litigation in the Wake of the Financial Crisis by Joan Loughrey PDF Summary

Book Description: ÔThis book takes us back to the financial crisis and asks: should the directors of the financial institutions that caused the crisis be held responsible to their investors? LoughreyÕs and her contributorsÕ analysis of that question and the suggestions to implement their proposals are insightful and timely. This is a must-read book for those of us who are still trying to determine how to avoid the next financial crisis.Õ Ð Randall Thomas, Vanderbilt Law School, US The financial crisis revealed failings at board level at many financial institutions. But despite calls for bank boards to be held to account, there has been a remarkable paucity of litigation against bank directors for breach of their duties. This book assesses whether the law relating to directorsÕ duties and shareholder litigation has contributed to this, taking into account the changes to both that were introduced by the Companies Act 2006. With contributions from leading academics and practitioners, the book examines the directorÕs duty of care and skill, the s.172 duty, reporting obligations under s.417 of the Companies Act 2006, and shareholder litigation including the derivative action and just and equitable winding up. It concludes that neither the common law nor the statutory duties and derivative action under the Companies Act 2006 function effectively to hold directors to account and analyses why this is so. This detailed book will appeal to academics in company law and corporate governance as well as commercial law practitioners particularly those who specialize in company litigation.

Disclaimer: www.yourbookbest.com does not own Directors' Duties and Shareholder Litigation in the Wake of the Financial Crisis books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Research Handbook on Directors' Duties

Research Handbook on Directors' Duties

File Size : 35,35 MB
Total View : 5080 Views
DOWNLOAD

The 2008 financial crisis brought increased scrutiny to the ways in which the directors of the world's major financial institutions handle their duties and how

Explaining Financial Scandals

Explaining Financial Scandals

File Size : 15,15 MB
Total View : 6358 Views
DOWNLOAD

The explosion of the global financial crisis in 2007–08 reignited the urgency to reflect on the origins and causes of financial collapses. As the events in th