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  • Directors Take Note: English Court Awards Substantial Judgment Under New "Trading Misfeasance" Law

Directors Take Note: English Court Awards Substantial Judgment Under New "Trading Misfeasance" Law

Adam Brown and Ben Larkin of Jones Day share that the Court has issued a landmark decision, awarding £150 million against two former BHS directors and for the first time addressing how equitable compensation should be calculated for breaches by directors of what has been termed the "modified Sequana duty".