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Should the courts review directors’ business judgment? This question has been canvassed extensively in academic literature. Arguments against such review include the dangers of judging directors’ decisions with the benefit of hindsight; the fact that judges lack business expertise and should not, therefore, second guess business decisions; that review of business judgment with liability would deter individuals from becoming directors; or that it would lead to more risk adverse decisions. Arguments for review include improving standards; deterring unfit directors; and, significantly, accountability of directors for harms they have caused through careless decisions.
This paper reassesses the debate, drawing on the findings of a two year Arts and Humanities Research Council funded study Business Judgment and the Courts. This project examined what was meant by business judgment; identified how the courts apply this concept; and assessed to what extent d
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The most traditional way to become a lawyer in the UK is to study for a law degree (LLB). Students who have studied a different subject at undergraduate level can take the graduate diploma in law conversion course. Most students will also need to take further courses and training in order to specialise. These include the Bar Practice Course (replacing the Bar Professional Training Course), which allows graduates to prepare and practise as barristers in England and Wales, and the Solicitors Qualifying Examination (from 2021).
Images via Met Police Taskforce show mounted police patrols in Croydon and a knife seized by officers there on Saturday. Police have sent mounted police to patrol the streets of Croydon and conducted Stop and Searches across South London in recent days after a wave of stabbings south of the River Thames. Officers mounted on police horses were pictured riding down London Road near West Croydon station on Saturday evening (February 6), where just hours earlier a 24-year-old man had been found with stab injuries. That incident was the latest in a wave of stabbings in South London that also witnessed a man in his 20s stabbed in Couldson on Saturday.