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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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It’s politics, stupid.

8 September 2011 | Shimon Shaw

The news is full of tax talk.  This is partly because a group of economists, including two former members of the Bank of England's policy committee, DeAnne Julius and Sushil Wadhwani, signed a joint...

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Limited liability partnerships – members’ rights

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...

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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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Company gets injunctive protection from prickly director – Hedgehog Golf Co Limited v Frank Hauser, High Court

1 April 2011 | Simon Weinberg

Hedgehog applied to the High Court for a perpetual injunction preventing its former director, FH, from disclosing confidential information about Hedgehog and its business. The business involved the sale...

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Do bonuses work?

22 February 2011 | Shimon Shaw

On the face of it, it seems to be rather a pointless question.  Of course they do.  If you pay more for better performance - you'll get better performance.  But a study from the University of Nottingham...

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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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FSA imposes its second largest fine on JJB Sports plc

14 February 2011 | Emma Cameron

JJB Sports PLC (JJB) has been fined by the Financial Services Authority (FSA) after it failed to disclose to the market full details of its acquisitions of the retail chains Original Show Company (OSC)...

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Guarantee your guarantee will stand up to scrutiny !

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...

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Non-executive directors face growing time pressures

17 January 2011 | Richard Phillips

According to a new report by PricewaterhouseCoopers (PwC), published today, non-executive directors spent 20 per cent more time fulfilling their boardroom duties in 2010 than they did in 2009. PwC’s...

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