Will The Millennium Time-Bomb Detonate For Directors?

As people are beginning to understand the seriousness of the Millennium Time-bomb (or the Year 2000 problem as it is known) and the extent of the damage that it could do, the spotlight is turning to directors. What liability could they have if it all goes wrong?

The reality of the situation is that if the damage is great enough a party looking for someone to sue will cast a very wide net. A prudent director will take steps NOW to reduce the chance that he/she will be included.

Many computer programs, from those large enough to run production lines to those small enough to control a kettle, have allocated only two digits for storing the year part of any date. This has resulted in 1999 being stored as "99", for example.