Archive for December 2016

DIRECTORS’ DUTIES: CONFLICT OF INTEREST DUTIES

12 Directors’ duties: Conflict of interest duties AIMS AND OBJECTIVES After reading this chapter you should be able to:   Distinguish:   a director contracting (or having an interest in a contract) with his company   other conflict of interest situations   Understand the scope and operation of the two general conflict of interest . . . Read more

DIRECTORS’ DUTIES: GENERAL CONSIDERATIONS AND MANAGEMENT DUTIES

11 Directors’ duties: General considerations and management duties AIMS AND OBJECTIVES After reading this chapter you should be able to:   Discuss the rationale behind reform of directors’ duties   Discuss the extent to which the statutory statement of directors’ duties is a codification   Understand to whom directors’ duties are owed   Understand . . . Read more

DIRECTORS’ DUTIES: REMEDIES AND RELIEFS AND DIRECTOR DISQUALIFICATION

13 Directors’ duties: Remedies and reliefs and director disqualification AIMS AND OBJECTIVES After reading this chapter you should be able to:   Understand common law and equitable remedies for breach of directors’ duties   Understand the civil consequences of failure to comply with statutory provisions governing directors contracting with their companies   Recognise . . . Read more

FINANCING A COMPANY

6 Financing a company AIMS AND OBJECTIVES After reading this chapter you should be able to:   Identify the basic methods of funding a company’s operations   Recognise a financing lease distinct from an operating lease   Identify six types of debt financing   State the benefits to a lender of a secured loan . . . Read more