The Companies Act 2006 is likely to impose a disproportionate burden on companies undergoing restructuringsOne of the principal features of the Companies Act 2006 in the context of debt restructurings is that it contains a statement of general directors' duties. The Act contains a statutory statement of every director's general duties.
February 07, 2007 at 08:01 PM
1 minute read
The original version of this story was published on Legalweek
The Companies Act 2006 is likely to impose a disproportionate burden on companies undergoing restructurings
One of the principal features of the Companies Act 2006 in the context of debt restructurings is that it contains a statement of general directors’ duties. The Act contains a statutory statement of every director’s general duties. They are:
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