Case notes: Phoenix companies: Directors' liability

Article Abstract:

The U.K. Court of Appeal in March 2007 considered the matter of avoidance of directors' personal liability under ss216 and 217 of the Insolvency Act 1986 and the Insolvency Rules 1986. The provisions aim to prevent the practice where company directors may try to mislead the public by setting up a phoenix company using the name of a failed company.

Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, United States, Company legal issue, Cases, Financial services industry, Bankruptcy, United Kingdom. Court of Appeal, Company bankruptcy, Phoenix Companies Inc.

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Parliament and Whitehall

Article Abstract:

The Department of Trade and Industry has announced a consultation on draft regulations that would outlaw age discrimination in employment and vocational training. The provisions appear in the draft Employment Equality (Age) Discrimination Regulations 2006 that ban age discrimination in terms of recruitment, promotion, and training.

Powers and duties, United Kingdom. Department of Trade and Industry, Employment discrimination

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A rich blend of all ages

Article Abstract:

The Employment Equality Age Regulations passed by the U.K. government could have implications for chartered accountants both the beginning and end of their career. A brief account of the lives and careers of some members of the profession demonstrates a rich blend of youth and experience.

Equality

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