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Limited liability partnerships – members’ rights

1 September 2011 | Emma Cameron

Background The right for a shareholder of a company to bring an action for unfair prejudice has been the subject of many cases over the years. This right allows a shareholder to bring an action on...

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Directors’ duties

16 August 2011 | Emma Cameron

Background The Companies Act 2006 sets out a director's fiduciary duties in statute for the first time. These include duties: - to promote the success of the company; - to avoid conflicts of...

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High Court rules on non-solicitation clause

18 July 2011 | Emma Cameron

Background When a buyer purchases a business, it usually wishes to ensure that the seller cannot compete with the business of the target post-sale. We therefore recommend that restrictive covenants...

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Do you want to be a director?

24 June 2011 | Emma Cameron

If you are asked to be a director of a company, you should ensure that you are aware of the directors' duties which will apply to you and understand the circumstances in which you may become personally...

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Amendments to information required for annual returns

1 April 2011 | Emma Cameron

The Department for Business, Innovation and Skills announced on 24 March that it plans to amend some of the information required in the annual returns filed by companies. The amendments are set out in...

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“Women on Boards” report published

17 March 2011 | Emma Cameron

Background The Government announced in August 2010 that it had asked Lord Davies of Abersoch to develop a strategy to address concerns that there are too few women on the boards of UK listed companies....

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FSA imposes its second largest fine on JJB Sports plc

14 February 2011 | Emma Cameron

JJB Sports PLC (JJB) has been fined by the Financial Services Authority (FSA) after it failed to disclose to the market full details of its acquisitions of the retail chains Original Show Company (OSC)...

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Moves to increase the number of female directors on FTSE 100 boards

18 January 2011 | Emma Cameron

The Government has been keen to increase the number of women in leadership positions of the United Kingdom’s top 100 companies. However, a recent report by Cranfield University School of Management shows...

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BAE sentence announced

18 January 2011 | Emma Cameron

Background BAE Systems plc (BAE) and the Serious Fraud Office (SFO) reached a settlement agreement in February 2010 as regards BAE’s alleged corruption in the procurement by BAE of a contract with...

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Share valuation provisions – recent case

29 December 2010 | Emma Cameron

Background The articles of association of a company (articles) govern its constitution and often contain provisions relating to the transfer of shares. If a company has directors or employees who own...

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