20 January 2012 | Paul Gershlick
The Serious Fraud Office has successfully tried a new tactic in its enforcement of bribery and corruption laws. It has recovered the £130,000 in dividends paid to Mabey Engineering (Holdings) Limited...
Tags on this discussion: bribery Bribery Act Bribery Act 2010 Bribery and Corruption corporate Corruption dividend export holding company International parent company proceeds proceeds of crime act Serious Fraud Office SFO subsidiaries subsidiary
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...
Tags on this discussion: boardroom boards Corporate Governance Code diversity financial reporting council FRC Listed companies
16 September 2011 | Samantha Lloyd
From 1 September 2011, Companies House will no longer accept company names on documents submitted to the registrar of companies “which contain minor variations or typographical errors.”
The change...
Tags on this discussion: abbreviations Companies House company documents company names electronic filing registrar
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...
1 September 2011 | Paul Gershlick
A Redbridge Magistrates’ Court employee has become the first person to face prosecution under the new Bribery Act.
Munir Yakub Patel is due to appear before Southwark Crown Court on 14 October 2011...
Tags on this discussion: bribery Bribery Act Bribery Act 2010 business businesses commercial corporate corporate hospitality Corruption Employees Employers entertainment Fraud hospitality Munir Yakub Patel
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...
Tags on this discussion: limited liability partnership LLP Unfair prejudice
24 August 2011 | Michael Oberwarth
Following a preliminary hearing earlier this month, storage product manufacturer Lion Steel Equipment and three of its directors will stand trial for corporate manslaughter and gross negligence manslaughter...
Tags on this discussion: Corporate manslaughter Corporate Manslaughter and Corporate Homicide Act Cotswold Geotechnical health and safety Health and Safety at Work Act Lion Steel manslaughter
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...
Tags on this discussion: Companies Act 2006 corporate Directors' Duties fiduciary duties
10 August 2011 | Michael Delaney
I was recently asked to provide an answer to an employment question posed in Jonathan Moules’ ‘Business Questions’ column in The Financial Times newspaper, which appeared in the Saturday 30 July...
Tags on this discussion: breach of duties Companies Act 2006 conflict of interest Directors Directors' Duties Employers Financial Times non-executive diretors statutory duties