Governance Bites #25: other director duties, featuring Nick Summerfield.
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Nick Summerfield is Partner and Head of Banking, Financial Services and Insolvency at Anthony Harper. Nick advises on all areas of financial services law including investment funds, insurance, capital markets, financial advice, and financial service provider regulation. He also supports clients with regulatory reform and dealings with regulators.
In this second interview with Nick, Mark asks about duties of directors in the Companies Act and other legislation. They discuss the duty not to trade recklessly, the duty not to allow the company to incur an obligation it cannot perform, and other duties. They also discuss director liability. To wrap the interview, Mark asks Nick about the best advice he's been given.
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