Directors' duties and conflicts of interest: when a director undermines a board-approved transaction

Jessica Williams and Eva Humphreys of Mishcon de Reya summarise a recent High Court decision which serves as a sharp reminder that directors cannot pursue personal interests or side strategies that cut across the board’s agreed position, particularly in sensitive regulatory or transactional contexts where unauthorised communications with government, regulators, banks or potential buyers may breach core duties to the company.

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