In May of this year the High Court considered the limits of the well-known ‘Duomatic’ principle: that acts done by company directors that would otherwise constitute breaches of duty may be held to be lawful if they are done with the informed consent of all the company’s shareholders. The case was Stubbins Marketing Ltd v Stubbins Food Partnerships Ltd, where Thomas Roe QC appeared successfully for the Claimant. In our latest Webinar, we consider the state of the law on the eve of Stubbins before Thomas explains what the new decision does, and what it means.
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April 12, 2021