20 Years of the Companies Act 2006: Reform, Reality and the Road Ahead

As the statute that reshaped UK company law turns 20, the disputes it gives rise to continue to evolve in important ways.

Join us at LIDW for a practitioner-focused panel exploring key areas of company law litigation, and those on the horizon.

What we’ll be discussing:

• Directors’ duties : The Court of Appeal’s decision in Saxon Woods v Costa has reopened the debate over whether the core duty to promote the success of the company is subjective or objective. With the Supreme Court hearing imminent, this is an area to watch closely.
• Creditor interests: Sequana provided welcome guidance on the duty to consider creditor interests near insolvency, but with a number of significant questions remaining open, where will the next wave of creditor-duty litigation land?
• Derivative and shareholder claims: Has the statutory derivative procedure fulfilled its potential? With litigation funding becoming more accessible, is this underused remedy poised for a resurgence?  And what impact will the recent abolition of the shareholder rule of privilege have on shareholder disputes?
• ESG, climate risk and AI: As reporting obligations intensify and boards turn to algorithmic decision-making, new questions around director liability are beginning to emerge.

Whether you advise directors, shareholders or creditors, this session will offer practical insight into the company law issues that are likely to shape your practice in the coming years.