Shepherd and Wedderburn LLP | United Kingdom | 11 Jun 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 A/S and others v Bestnet Europe Limited and others).
Shepherd and Wedderburn LLP | United Kingdom | 9 Apr 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.
Shepherd and Wedderburn LLP | United Kingdom | 9 Apr 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.