On 15 December 2009, The Right Honourable Lady Justice Arden DBE, member of the
Court of Appeal of England and Wales delivered a lecture at the Menara Hap Seng,
Kuala Lumpur, entitled: “Modernising Directors’ Duties and Shareholders’ Rights:
the UK Experience”.
Lady Justice Arden principally discussed on the reforms that have been made by
the Companies Act 2006 in relation to directors’ duties and derivative actions.
The lecture covered the background to those reforms, the choices faced by those
involved in drafting the legislation, and the impact that the reforms have had
since they came into force.
Lady Justice Arden was called to the Bar of England and Wales in 1971 and became
a Queen’s Counsel in 1986. She is a graduate of Cambridge and Harvard, and holds
several honorary degrees. She was appointed a Justice of the High Court of Justice
of England and Wales in 1993.
From 1 January 1996 to 31 January 1999 Lady Justice Arden was the chair of the
Law Commission of England and Wales. She was also a member of the Steering Group
of the Company Law Review established by the Department of Trade and Industry
from 1998 to 2001. The Review’s final report led to the Companies Act 2006 the
longest statute ever passed by the British Parliament.