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Consultant was in breach of confidentiality obligations
- Shepherd & Wedderburn LLP
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- United Kingdom
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- 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
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- 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
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- 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
