Latest news and views tagged corporate
RSS
Emma Cameron and I gave a presentation on the new Bribery Act yesterday. A fascinating discussion ensued with some very real practical questions from the audience. It seems clear to us that this new...
Companies House launches “second filing” service
Companies House has introduced a new form to be used when correcting inaccuracies in documents previously filed with the Registrar. The “second filing” service was launched on 6 April 2011 and applies...
Amendments to information required for annual returns
The Department for Business, Innovation and Skills announced on 24 March that it plans to amend some of the information required in the annual returns filed by companies. The amendments are set out in...
“Women on Boards” report published
Background
The Government announced in August 2010 that it had asked Lord Davies of Abersoch to develop a strategy to address concerns that there are too few women on the boards of UK listed companies....
How difficult is it to gift a share?
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...
Share Transfers: Only Bona Fide Transactions Will Suffice
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...
FSA imposes its second largest fine on JJB Sports plc
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)...
Insolvency statistics in Q4 2010 published today by the Insolvency Service
Insolvency statistics in the fourth quarter of 2010 were published today by the Insolvency Service.
Corporate insolvencies across the board were down on the same period last year: compulsory liquidations...
Safeway asks Supreme Court to review Court of Appeal’s decision on director’s liability for competition law breach
Following the Court of Appeal’s rejection of Safeway’s attempt to have its former directors and employees pay its fines for breach of competition law (see here), Safeway has asked the Supreme Court...
Guarantee your guarantee will stand up to scrutiny !
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...