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Consultant was in breach of confidentiality obligations

  • Shepherd & Wedderburn LLP
  • -
  • United Kingdom
  • -
  • June 11 2009

The High Court has held that a consultant was in breach of obligations of confidentiality to a former client, when he misused confidential information to develop a competing product for another party (Vestergaard Frandsen AS and others v Bestnet Europe Limited and others

Controlling shareholder can be an employee

  • Shepherd & Wedderburn LLP
  • -
  • United Kingdom
  • -
  • April 9 2009

The Court of Appeal has confirmed that a shareholder and director of a company can also be an employee of the company, even in circumstances where their shareholding gives them total control over the company

Directors' remuneration disclosure requirement

  • Shepherd & Wedderburn LLP
  • -
  • United Kingdom
  • -
  • April 9 2009

Under the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, for financial years beginning on or after 6 April 2009, quoted companies must set out in the Directors' Remuneration Report a statement of how the pay and conditions of employees were taken into account when setting directors' remuneration