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Government invites businesses to comment on company law regulations

8 February 2012 | Richard Phillips

In the most recent instalment of its “Red Tape Challenge”, the Government has asked businesses to give their opinion on company legislation, with the aim of reducing the burden of regulation on UK...

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FRC announces changes to strengthen boardroom diversity from October 2012

15 November 2011 | Richard Phillips

Last month, the Financial Reporting Council (FRC) announced that it will make two changes to the UK Corporate Governance Code in order to strengthen diversity in the boardroom. The revised UK Corporate...

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Eastern Promise for the UK’s Food Manufacturers?

9 September 2011 | Mark Archer

The Food and Drink Federation (FDF) is encouraging UK food and drink manufacturers to develop export links with China by supporting the British presence at its leading 2011 exhibition, FHC China, which...

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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Nylon and Barclays settle £250m investment dispute

25 July 2011 | Simon Weinberg

Nylon Capital was a hedge fund that was set up seven years ago, and Barclays made an initial capital investment of £250 million into funds under its management. The parties entered into an LLP agreement...

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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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High Court consider financial assistance and special resolution error relating to scheme of arrangement – Re Uniq plc, High Court

29 June 2011 | Simon Weinberg

Under section 678(1) of the Companies Act 2006 (CA), it is unlawful for a public company or its subsidiaries to give financial assistance to any person acquiring, or proposing to acquire, shares in that...

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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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“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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How difficult is it to gift a share?

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...

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