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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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Companies House filings: change to company names examination policy now in force

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...

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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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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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Share Transfers: Only Bona Fide Transactions Will Suffice

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...

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Government consults on draft Companies (Reporting Requirements in Mergers and Divisions) Regulations 2011

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...

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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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Thinking of setting up a business?

6 December 2010 | Emma Cameron

The attached article which was published in Hertfordshire Business sets out some helpful guidance. Hertfordshire Business - 1 11 2010

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Articles of association are like any other contract

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...

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