30 July 2010 | Emma Cameron
It appears that repercussions from the recent takeover of Cadbury PLC by Kraft Foods are still being felt following the publication of a government command paper setting out its position with regards to...
Tags on this discussion: corporate corporate finance Shareholders Takeover
27 July 2010 | Emma Cameron
Background
The statutory remedy for a company member who considers that the company's affairs are being conducted in an unfairly prejudicial manner is contained in section 994 of the Companies Act 2006....
Tags on this discussion: corporate Shareholders Shareholders' remedies Unfair prejudice
19 July 2010 | Emma Cameron
The Takeover Panel has issued a formal statement to the effect that Brian Myerson and two others are persons who, in the opinion of the Hearings Committee of the Takeover Panel, are not likely to comply...
Tags on this discussion: corporate corporate finance Takeover
14 July 2010 | Emma Cameron
Background
After an extensive consultation process, the Financial Reporting Council (FRC) has published the new UK Corporate Governance Code (Code). The Code applies to all companies with a premium...
Tags on this discussion: corporate corporate finance corporate governance Directors Directors' Duties
8 July 2010 | Richard Phillips
On 2 July 2010, following a consultation earlier this year, the Financial Reporting Council (FRC) published the first UK Stewardship Code (‘The Code’), which sets out good practice for institutional...
Tags on this discussion: asset managers financial reporting council FRC institutional investors Shareholders Stewardship Code
7 July 2010 | Emma Cameron
Background
A derivative action is an action brought by a shareholder on behalf of the company. Owing to the complexity of the previous law, very few derivative actions succeeded. When the Companies...
Tags on this discussion: corporate Directors Shareholders
4 June 2010 | Emma Cameron
Following on from recent criticism of the takeover of Cadbury Plc by Kraft Foods, the Code Committee of the Takeover Panel (Committee) has published a consultation paper to discuss shortcomings in the...
Tags on this discussion: corporate corporate finance Mergers and acquisitions Takeover
25 May 2010 | Richard Phillips
Before the general election, I looked at what the three main political parties were proposing for corporate governance, takeovers, businesses and regulation. All the parties had clear-cut policies in these...
Tags on this discussion: Coalition Government corporate corporate governance Directors Directors' Duties manifestos regulation SMEs Takeover
11 May 2010 | Emma Cameron
Background
A "de facto director" is a person who acts as if he is a director of a company and is treated as such by the company’s board but has not in fact been validly appointed. A de facto director...
Tags on this discussion: corporate Directors Directors' Duties Shareholders
5 May 2010 | Richard Phillips
With the general election looming, this briefing looks at what the three main political parties have proposed for corporate governance, takeovers, small and medium-sized businesses, and regulation in their...
Tags on this discussion: corporate corporate governance manifestos Mergers and acquisitions SMEs Takeover