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Disqualification United Kingdom

Cohen & Gresser LLP

The UK’s Insolvency Service Reports on Recent Director Disqualification Enforcement Activity

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Introduction - On 18 April 2023, the UK’s Insolvency Service (“TIS”) published statistics on its enforcement activities and outcomes during the last financial year (the “Report”). The Report describes TIS’s enforcement...more

Hogan Lovells

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

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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

Latham & Watkins LLP

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

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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

White & Case LLP

UK Enterprise Management Incentives – An Update

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This update sets out some important recent developments relating to the UK's Enterprise Management Incentive ("EMI") regime, which allows the grant of tax-advantaged options by smaller, high growth companies. In summary, 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

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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

The CMA obtains its first disqualification undertaking from a director for competition law infringement

BCLP on

Businesses that breach competition law can face serious financial and reputational consequences. Certain serious breaches of competition law may also put individuals at risk of criminal prosecution. In addition, the CMA may...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

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