UNDERSTANDING HOW A DIRECTOR CAN BE PERSONALLY SUED IN TORT UNDER THE COMPANIES ACT
Understanding how a director can be personally sued in tort under the Companies Act and why D&O insurance is so essential for all directors
The Companies Act 2006 puts very clear and very onerous duties on directors, and this presentation explores this act, and how a D&O policy can respond to this liability. For broking staff advising on D&O, gaining a full understanding of directors’ personal duties under the Companies Act will enable them to more clearly identify why no director can afford to be without D&O cover.
Ironically, if a director refuses D&O without consulting their fellow directors, they have massively increased their own personal D&O exposure, due to the Companies Act.
Alan Chandler, one of the most popular presenters in the UK, will explore the sources of potential claims against directors and how to put the right cover in place.
Learning Objectives:
By the end of this event delegates will:
- Understand the history behind why the government passed legislation on directors’ duties.
- Understand how the Companies Act has made it far easier for a director to be sued personally.
- Understand how a D&O policy can deal with the directors’ personal exposure to lawsuits.
Venue
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CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.