Steve Rawlings

Lakehouse – Corporate Governance is Not Just About Box Ticking

The affairs of Lakehouse where major investors Slater Investments and Steve Rawlings have requisitioned an EGM to remove and replace the non-executive directors has been covered in previous blog posts. Slater has now issued some explanation for the reasons which can be read here: http://www.investegate.co.uk/slater-investments/rns/egm-statement/201604010700107965T/ The board of Lakehouse criticised the three new directors proposed on the basis that they were not independent and hence that corporate governance rules were being broken. The requisitioners say though that "Corporate governance is not just ...