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ARTICLE · 01 OCTOBER 1996

How Nominal Is The Liability Of "Nominee" Directors"?

Trusts & Trustees
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United KingdomAntitrust/Competition Law
Article by St John A Robilliard

Nominee directors of companies can easily find themselves regarded by the court as trustees of the company's assets. This article looks at the position of nominee directors generally and reviews their responsibilities.

This article also examines whether nominee directors can be held to account as constructive trustees and the extent of their duty of care. Methods of reducing possible liability are examined.

The full text of this article can be obtained from the publishers. Articles are provided either as back copies of the relevant issue of the journal containing the article or as photocopies of the issue concerned (depending on availability). A charge of £25 (prepaid, including postage) is made for each issue supplied.

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