Companies Act 2006: Boards urged to examine directors’ insurance policies
Boards of directors are being urged to tighten their directors' and officers' liability insurance policies to protect themselves from shareholder actions in light of changes introduced by the Companies Act 2006.
The new Act, which received the Royal Assent in early November, introduces sweeping changes intended to simplify and improve company law. However Craig Blakemore, a commercial litigation partner at
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