RPC warns D&O cover not suitable after Companies Act reforms
Company directors could face an increase in claims against them as a result of the Companies Act 2006 but risk not having suitable insurance cover in relation to them, warned City law firm Reynolds Porter Chamberlain at its “Directors Duties – The New Regime” Seminar.
Simon Goldring, partner, of RPC says: “There are three strands to the Companies Act that could result in an increase in claims. The first is the codification of directors’ duties, and the creation of
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