“One of the most important goals of company law is to ensure the independence of
directors, in the sense that they should not be allowed to participate in any
arrangement in which there may be a conflict of interests between their duty to the
company and their private interests. A sophisticated balance of legal mechanisms
has been developed to achieve this and to allow departures where desirable.
Critically analyse this statement. You should evaluate relevant UK legal doctrine and
procedures in their theoretical, doctrinal and international context.