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Serious Fraud Office recovers dividends paid to innocent parent company for bribes paid by foreign subsidiary without parent’s knowledge

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...

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The Bribery Act: first person faces prosecution

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...

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Directors’ duties

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...

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SME equity financing made easier

4 August 2011 | Joss Alcraft

The UK has introduced new rules which are aimed at making it easier for SMEs to raise equity financing a year earlier than originally intended. With effect from 1st August 2011, companies will be able...

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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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Employers: The Bribery Act is now in force – are you compliant?

1 July 2011 | Michael Delaney

If not, you need to act fast. I have outlined some of the ways employers can ensure they comply with the new Act - please click here. This article is only intended as guidance. There are many issues...

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Do you want to be a director?

24 June 2011 | Emma Cameron

If you are asked to be a director of a company, you should ensure that you are aware of the directors' duties which will apply to you and understand the circumstances in which you may become personally...

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How to: validly execute a deed on behalf of a company

3 June 2011 | Samantha Lloyd

In the first of a series of blogs addressing practical issues arising out of the Companies Act 2006 we consider how a company may validly execute a deed. Section 44 of the Companies Act 2006, which...

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Takeover Regime Consultation – Coming to an End

13 May 2011 | Joss Alcraft

The time to respond to the consultation paper published by the Code Committee of the Takeover Panel in March 2011 is coming to an end. Officially, you have two weeks from today. The consultation was...

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