David Webster, Partner in the Corporate & Commercial Team, looks at the recent case of Weavering Capital (UK) Limited v Dabhia and Platt and how it serves as a reminder of the need for company directors to actively ensure that they hold the knowledge required to discharge their legal duties to the company. If a director blindly follows the word of a supposed expert, he or she may be risk of liability for breach of duty.

Ignorance isn't bliss - The risks facing company directors who dont know their business - March 2013.pdf