Reddy and Cheffins, ‘Is There a Duty of Loyalty Under UK Company Law?’

ABSTRACT
This paper considers the status of the duty of loyalty under UK company law. The term ‘loyalty’ does not appear in the codification of directors’ duties in the Companies Act 2006, which implies directors do not owe a duty of loyalty. The paper queries but ultimately endorses this assessment and identifies the implications.

Reddy, Bobby and Cheffins, Brian R, Is There a Duty of Loyalty Under UK Company Law? (June 1, 2026), University of Cambridge Faculty of Law Research Paper.

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