Gunn may face up to two years of legal uncertainty
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.JOHN GUNN and five other former executives of British & Commonwealth face up to two years of uncertainty before the Department of Trade and Industry has to bring its court action to disqualify them as directors, writes John Willcock.
Under the Companies Act 1985, timing for the civil action depends largely on the availability of a suitable court in London. Mr Gunn says the DTI has taken its time over such proceedings in several recent cases and is worried that the uncertainty will be protracted.
The ban on directorships is sweeping in its scope. It stops individuals from participating in the formation, running and promotion of any company, including private and public companies.
Former directors may not 'in any way, directly or indirectly, be concerned or take part in the promotion, formation or management of a company'. The ban does not cover Germany, however, where Mr Gunn, who is fluent in the language, has been involved in a number of businesses.
The process starts with the DTI applying to the High Court for a disqualification action, followed by a hearing in which the DTI presents its case.
View from City Road, page 13
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments