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Search results: 4 article(s) found in topic: Directors status - keyword: Shadow directors

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Shadow directors: there’s no hiding now!

Every director owes a “fiduciary duty” to the company. This means they are legally obliged to act solely in its interests at all times. But what about shadow directors? Are they bound by the same duty or not? More...


Are there any directors hiding in the shadows?

The Companies Act 2006 says an individual may be a “shadow director” if they regularly help out with the running of a company. This is potentially problematic for both parties, so what should they each do? More...


When is a director not a director?

There’s no statutory test for a “de facto” director; in the event of a dispute, it’s up to the courts to decide whether an individual has been acting as one. The Supreme Court has just dealt with its first case on this issue. What happened? More...


Out of the shadows…

You’ve been helping out a company on a consultancy basis. You’ve not been appointed to the board of directors so you can’t be classed as one - or can you? If so, what can you do to limit any personal liability? More...
Last updated: 13.12.2019

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