File Download

There are no files associated with this item.

  Links for fulltext
     (May Require Subscription)
  • Find via Find It@HKUL
Supplementary

Article: Directors' Fiduciary Duties: A New Analytical Framework

TitleDirectors' Fiduciary Duties: A New Analytical Framework
Authors
KeywordsBreach of fiduciary duty
Conflict of interest
Directors' liabilities
Statutory interpretation
Issue Date2013
PublisherSweet & Maxwell Ltd.
Citation
The Law Quarterly Review, 2013, v. 129, p. 242-263 How to Cite?
AbstractProposes a framework for interpreting and applying the Companies Act 2006 s.175(4)(a), providing that a director cannot be liable under the no-conflict rule if the business opportunity 'cannot reasonably be regarded as likely to give rise to a conflict of interest', taking account of whether: (1) the company has considered and rejected the opportunity on a bona fide, fully informed and unbiased basis; (2) it arose before or after the director's resignation and, in the former case, if it fell within the scope of the company's business; and (3) it was a maturing business opportunity.
Persistent Identifierhttp://hdl.handle.net/10722/184528
ISSN
2000 SCImago Journal Rankings: 0.121

 

DC FieldValueLanguage
dc.contributor.authorLim, Een_US
dc.date.accessioned2013-07-15T09:53:22Z-
dc.date.available2013-07-15T09:53:22Z-
dc.date.issued2013en_US
dc.identifier.citationThe Law Quarterly Review, 2013, v. 129, p. 242-263en_US
dc.identifier.issn0023-933X-
dc.identifier.urihttp://hdl.handle.net/10722/184528-
dc.description.abstractProposes a framework for interpreting and applying the Companies Act 2006 s.175(4)(a), providing that a director cannot be liable under the no-conflict rule if the business opportunity 'cannot reasonably be regarded as likely to give rise to a conflict of interest', taking account of whether: (1) the company has considered and rejected the opportunity on a bona fide, fully informed and unbiased basis; (2) it arose before or after the director's resignation and, in the former case, if it fell within the scope of the company's business; and (3) it was a maturing business opportunity.-
dc.languageengen_US
dc.publisherSweet & Maxwell Ltd.en_US
dc.relation.ispartofThe Law Quarterly Reviewen_US
dc.subjectBreach of fiduciary duty-
dc.subjectConflict of interest-
dc.subjectDirectors' liabilities-
dc.subjectStatutory interpretation-
dc.titleDirectors' Fiduciary Duties: A New Analytical Frameworken_US
dc.typeArticleen_US
dc.identifier.emailLim, E: elimwk@hku.hken_US
dc.identifier.authorityLim, E=rp01531en_US
dc.identifier.hkuros215982en_US
dc.identifier.volume129en_US
dc.identifier.spage242en_US
dc.identifier.epage263en_US
dc.publisher.placeUnited Kingdom-

Export via OAI-PMH Interface in XML Formats


OR


Export to Other Non-XML Formats