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Governance Bites #24: the duty to act in the company's best interests, featuring Nick Summerfield.
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Nick Summerfield is Partner and Head of Banking, Financial Services and Insolvency at Anthony Harper. Nick advises on all areas of financial services law including investment funds, insurance, capital markets, financial advice, and financial service provider regulation. He also supports clients with regulatory reform and dealings with regulators.
Mark Banicevich asks Nick about the adviser duty to act in good faith and in the best interests of the company. They discuss liability of directors, and whether a director can rely on the skill and experience of other directors on the board. Mark also asks Nick what advice he would give to a new director.
#governance #governancebites
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