From Jethro_uk@21:1/5 to All on Wed Mar 19 17:28:14 2025
In UK business law, what obligations (if any) are incumbent on a
companies board when it comes to doing business in a country which does
not adhere to the rule of law.
Specifically what implications (if any) would there be in the
international investment community if the current US administration
signalled that it is no longer obeying court rulings en masse ?
To suggest a hypothetical. A UK business loses a lot of money due to the actions of the US executive. A federal court stays those actions and
orders restitution and the executive says "Up yours" and ignores the
court. If this loss was a result of investments after a clear warning
that the executive was pursuing such a course, would there be any
liability on the business compliance team ?