News & Analysis as of

Disqualification Directors

Holtzman Vogel Baran Torchinsky & Josefiak

U.S. Supreme Court Issues New Code of Conduct Codifying Ethics Rules and Practices

On November 13, 2023, the U.S. Supreme Court published a Code of Conduct that codifies the ethics rules and principles governing the conduct of Justices and their staff. The Code consists of five Judicial Canons that draw...more

Walkers

Fresh guidance on company director disqualification issued by Jersey’s Attorney General

Walkers on

Attorney General (“AG”) has issued guidance to the industry on the circumstances in which the AG will apply to Jersey’s Royal Court (“the Court”) under article 78 of the Companies (Jersey) Law 1991 (“the Companies law”) to...more

Hogan Lovells

No company? No problem: disqualification of unfit directors possible despite company dissolution

Hogan Lovells on

Company directors who act in breach of their statutory and fiduciary duties can face disqualification for up to 15 years pursuant to the Company Directors Disqualification Act 1986 (CDDA). Prior to 15 February 2022, civil...more

BCLP

Hong Kong sees the first disqualification order under its Competition Ordinance

BCLP on

Under the Competition Ordinance, the Hong Kong Competition Tribunal (“Tribunal”) may, on application by the Competition Commission (“Commission”), impose a disqualification order prohibiting a person from being a director,...more

Latham & Watkins LLP

High Court Issues Lengthy Director Disqualification Order for Contributing to a Competition Law Infringement

Latham & Watkins LLP on

The judgment has important implications for the competition law compliance responsibilities of company directors. On 3 July 2020, the High Court disqualified Michael Martin from acting as a director for seven years. The...more

BCLP

High Court Challenge to the Scope of Company Director Disqualification Undertakings

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On 9th December High Court heard one of the first applications to vary Company Director Disqualification Undertakings (“CDU”) given by two directors of a group of companies previously found guilty by the Competition & Markets...more

BCLP

Office Fit-Out Firms Subject to Substantial Fines For Covering Pricing Practices And Company Directors Disqualified

BCLP on

Following settlement negotiations with the parties concerned the Competition and Markets Authority (CMA) published on 31st May 2019  a non-confidential version of its decision in which it found six office fit-out firms had...more

Hogan Lovells

Directors disqualified for breach of competition law

Hogan Lovells on

For only the second time in its history, the Competition and Markets Authority (CMA) has secured the disqualification of directors whose companies have infringed competition law. ...more

Sheppard Mullin Richter & Hampton LLP

Company Directors Beware – the CMA’s Disqualification Order

Today, the UK Competition and Markets Authority (CMA) published a 60-second summary for company directors to avoid disqualification for breaches of competition law. Please see the full text of the guidance here. This is part...more

BCLP

CMA warns UK estate agents against colluding in online portal selection

BCLP on

On 21 April 2016, the Competition and Markets Authority (“CMA”) published an open letter to estate agents in the UK stressing the importance of making independent commercial decisions and warning them against unlawful...more

Skadden, Arps, Slate, Meagher & Flom LLP

Hong Kong Regulatory Update - June 2015

This Hong Kong regulatory update is intended to provide a brief overview of the principal Hong Kong regulatory developments in the preceding three months relevant to companies listed or proposed to be listed on The Stock...more

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