3 March 2011 | Samantha Lloyd
Background
How difficult is it to gift a share? This was the question asked by Lady Justice Arden in her judgment in Shah v Shah [2010] EWCA Civ 140. The case considered whether or not a letter accompanied...
Tags on this discussion: corporate gift registration shares transfer trust
15 February 2011 | Mark Archer
A recent High Court case has highlighted that a purported gift of shares in a company by one of the company's directors which was intended to put those shares beyond the reach of individuals who may have...
Tags on this discussion: banks contract law corporate unauthorised unlawful
4 February 2011 | Mark Tempest
Insolvency statistics in the fourth quarter of 2010 were published today by the Insolvency Service.
Corporate insolvencies across the board were down on the same period last year: compulsory liquidations...
Tags on this discussion: administration bankruptcy corporate debt relief order Insolvency Insolvency Practitioner liquidation recovery voluntary arrangement
4 February 2011 | Shimon Shaw
As was reported in this month's Accountancy magazine, HMRC have indicated that they will be targeting SMEs in their latest drive, and could potentially raise £600m of additional revenue.
HMRC will...
Tags on this discussion: accountants compliance HMRC SMEs tax Taxation
19 January 2011 | Mark Archer
A recent High Court decision has yet again highlighted the need for parties to draft personal guarantees accurately and in a form that is entirely appropriate for the underlying transaction. A guarantee...
Tags on this discussion: banking commercial agreement contract contract law corporate
17 January 2011 | Richard Phillips
The Department for Business, Innovation and Skills (BIS) has asked for comments on the draft Companies (Reporting Requirements in Mergers and Divisions) Regulations 2011.
These Regulations will implement...
Tags on this discussion: (Reporting Requirements in Mergers and Divisions) Regulations 2011 cross-border divisions electronic communications merger Mergers and acquisitions share capital Shareholders
23 December 2010 | Mark Archer
As if directors do not have enough to think about at this time of year, what with New Year cashflow worries, and their families asking for more and more at Christmas, then the Department of Business, Innovation...
Tags on this discussion: banking contract law corporate Directors' Duties
30 November 2010 | Samantha Lloyd
Introduction
In a recent decision the High Court emphasised that the articles of association of a company are to be construed in the same way as any other commercial contract.
Background
A company’s...
Tags on this discussion: Articles of Association contracts corporate Corporate structuring joint ventures selling your business setting up your business Shareholders shares
23 November 2010 | Shimon Shaw
A recent VAT decision of the Upper Tribunal will be of interest to companies in financial difficulty and their advisers.
HMRC v Airtours Holiday Transport Ltd [2010] UKUT 404 (TCC)
A large holiday...
Tags on this discussion: HMRC Insolvency redrow tax Taxation VAT