Wilson Leung writes for ThoughtLeaders4 FIRE Magazine Issue 19: ‘Directors’ Liability to Third Parties – The Supreme Court’s Judgment in Lifestyle Equities v Ahmed’

In the latest issue of ThoughtLeaders4 FIRE Magazine, Wilson Leung examines the UK Supreme Court’s decision in Lifestyle Equities v Ahmed [2024] UKSC 17, where the Court considered company directors’ accessory liability for torts committed by their companies. Rejecting the existence of any special rules for directors, the Court affirmed that ordinary principles of tort liability were applicable, such that directors could incur accessory liability if they procured or participated in a common design with the company to commit a tort. However, the Supreme Court limited such liability by requiring directors to have knowledge of the “essential facts” rendering the act wrongful. This article ends by posing the question of whether too wide a net has now been cast over directors.

The piece was first published with ThoughtLeaders4 FIRE Magazine.