In for a bumpy ride?

Amid confusion over where the buck stops and who is legally recognised a director, those at the top could be heading for trouble unless they find adequate directors' and officers' cover. David Smith explains how to minimise nasty surprises lurking round the corner.

Company directors have always had many responsibilities, placed upon
them by common and statute law and a variety of court rulings. Over the
past few years, however, these responsibilities have increased
dramatically as new laws have been introduced to regulate companies and
the actions of directors.


Recent US company scandals have raised major questions as to the
performance and activities of company directors. The UK government has
recently conducted a review of UK company law and proposed a