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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
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
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
The Government has delayed the implementation of the Act until April 2011 in order to allow a short consultation exercise, commencing in September, on the guidance about what "adequate procedures" organisations are required to put in place to prevent bribery
