CODE in secret merger talks with DPA
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- Published: Saturday, 17 March 2012 12:29
- Written by News Editor
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| The Council of the Dental Practitioners’ Association (formerly GDPA) has agreed to hand over the assets of the association to a new company GDPA Ltd in which CODE will have a majority shareholding. DPA members have not been informed and GDPUK understands that the DPA has received legal advice that the Council’s actions may acted ‘beyond its powers’ in not holding a general meeting of the Association. |
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The legal advice continues that the individual members of the DPA Council may be liable to a claim for damages from the membership and return any benefits such as share options in the new company that they may be offered.
One long-serving (50 years) member of the DPA Council, Neville Bainbridge resigned following the January 21 meeting when the offer of the merger and the possibility of share options in the new company were made by CODE chief executive.
The chief executive of the DPA, Derek Watson, was suspended from duties last week.
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