The irresponsible director

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To improve the position of one creditor for a company in insolvency is nearly always at another creditor’s expense. However, if directors could be held liable for their irresponsible behaviour, this may allow liquidators further opportunities to make directors to make good the loss to their companies or their companies’ creditors. This could be done by revisiting s.172 of the Companies Act 2006 which has not, so far, been particularly effective in improving directorial decision-making. Lessons may be learned from the wording of directors’ duties in other jurisdictions, in particular Ireland.
Original languageEnglish
Pages (from-to)355-358
Number of pages4
JournalInternational Company and Commercial Law Review
Issue number10
Publication statusPublished - 30 Sept 2017
EventInaugural Cross-Border Corporate Insolvency and Commercial Law [CI&CL] Research Group Conference & Symposium - City, University of London, London, United Kingdom
Duration: 6 Apr 20176 Apr 2017


  • Canada
  • Comparitive law
  • Corporate governance
  • Corporate insolvency
  • Creditors' rights
  • Directors' liabilities
  • Directors' powers and duties
  • Good faith
  • Ireland


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