At Adams, our solicitors regularly supply advice to directors on their duties, rights and obligations as shareholders in limited companies. A director is usually both an employee and an officeholder, and as a result it is often preferable for the terms of employment to be clearly established in a written service agreement. If the director is an independent contractor, this can be achieved with a consultancy agreement.
It is important that all directors of companies properly understand their duties under Companies Acts, common law, and other legislation. Consulting Adams can ensure you are kept fully informed and up to date. Our litigation experts can also undertake litigation arising from claims of breach of directors’ duties.
“We regularly supply advice to directors on their duties, rights and obligations as shareholders in limited companies.”