Onus now on directors to make tough decisions
Garreth O’Brien of McCann FitzGerald highlights the burden shift that has arisen in company law, writes Margaret O’Brien
While directors’ duties have been codified under the new Companies Act, most of those duties remain the same as before, with just a few, albeit important changes. However, Garreth O’Brien, partner with leading law firm McCann FitzGerald, believes that it is the ‘burden shift’ on to directors that is perhaps of most interest in terms of change.
“I would say that there is a notable trend towards easing the strict...
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