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The Supreme Court ruling every director needs to know: Saxon Woods v Costa
What happens when a company director disagrees with the rest of the board? Can they go ahead and pursue what they believe is the best course of action for the business, even if it means keeping their colleagues in the dark?
In this episode of the Howes Percival Podcast, Dispute Resolution Partner, Gary Pitt and Corporate Partner, Jeremy Hyde discuss the recent Supreme Court decision in Saxon Wood Investments Limited v Francesco Costa and what it means for company directors, shareholders, and boards.
They also cover how section 172 of the Companies Act 2006 is applied in practice, and the…
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