If the director wants enforcement of the guarantee to be conditional on the bank having first enforced its security over the company's assets, this should be expressly set out in the guarantee. This was the result of the recent Court of Appeal decision in National Westminster Bank v Alfano, ...
Re LYHFL Limited 2023 – What you need to know View all insights Commercial litigation podcast series Listen here Key contacts John Whiteoak Partner, London Meet the whole team Related news and deals Herbert Smith Freehills succeeds for clients in disqualification proceedings...
According to the Articles of Association, we may establish a director liability insurance system to reduce the risks that may be incurred by directors in the performance of their duties. Our Board has passed a resolution in relation to the director liability insurance arrangements. Delegation by ...
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You should obtain advice before you sign this proposal if you do not properly understand any part of it. 投保手续完成后,您还仍然负有披露义务,直到保险合同订立 Your duty of disclosure continues after the proposal has been completed up until the contract of insurance is entered into. 不批露 Non...
The Board and its committees have unfettered access to information which the Bank is in possession of and to the Bank's senior management and company secretary. The Directors, in addition, could take independent professional advice from legal firms at the Bank's expense. The role of the ...
Practical Advice for Directors and Officers Leading Distressed EnterprisesBe Prepared. Take Action Early.More than 20 chapters from 90 expert contributors at leading financial advisory, legal, investment banking, strategic communications, insurance and executive staffing firms come together to help directors...
According to the Articles of Association, we may establish a director liability insurance system to reduce the risks that may be incurred by directors in the performance of their duties. Our Board has passed a resolution in relation to the director liability insurance arrangements. Delegation by ...
Before acting on any information in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Any opinions expressed herein are given in good faith, are subject to change without notice, and are...
As the leading insurance brokerage in the region, we are focused on satisfying you with the best advice & value offers.Why is D&O Cover so Important? With an increasing trend for both stakeholders and regulators to hold directors and officers personally responsible when problems arise, putting the...