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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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Protect Your Position – Bristol-Myers buys Inhibitex for $2.5 billion

17 January 2012 | Laura Mole

With the Patent Cliff looming and the lack of new drugs to fill the void keeping big Pharma bosses awake at night, we are seeing new strategies emerging in an attempt to off see the gloom and doom predictions...

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“The Patent Cliff – Lipitor goes over the Edge”

12 December 2011 | Laura Mole

As the largest ever number of patents protecting the pharmaceutical industry’s most profitable “blockbuster” drugs are set to expire, for India and China it’s going to be a very merry Christmas...

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Court interprets that pharma company sellers had been reasonable in refusing to consent to provision stopping sale of product that gave them an earn-out – Porton Capital Technology Funds v 3M UK, High Court

14 November 2011 | Paul Gershlick

3M UK had purchased the shares of Acolyte under a share purchase agreement, where the majority shareholder had previously been Porton. Acolyte’s product was BacLite MRSA, a test process and technology...

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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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OFT investigates gaming acquisition for competition breach

14 June 2011 | Simon Weinberg

In May, the US-based Scientific Games Corporation (SGC) agreed to buy Barcrest, a UK-based manufacturer of gaming and amusement arcade machines with operations throughout Europe. The Office of Fair Trading...

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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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European Commission approves acquisition of McAfee by Intel

2 February 2011 | Simon Weinberg

The European Commission (EC) has given its conditional approval to the proposed acquisition of McAfee, the security technology company, by Intel. Intel is one of the big players in the worldwide computer...

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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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