Directors - Duties And Liabilities

Introduction

Until recently, matters relating to directors' duties and liabilities as well as corporate governance, (for larger private companies and listed companies) were seen as dull and of no real interest to many/most directors. The role of the directors in the Post Office Scandal may well have changed all that. Some 25 years of inaction by the Post Office board (and much worse from some individual directors) including their failures in carrying out some of their core duties, contributed to the biggest miscarriage of justice/cover-up in English legal history. The company is now being accused openly of perverting the course of justice and being a criminally corrupt organisation.