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Why amend the articles of association?
The Companies Act 2006 (2006 Act) came fully into force on 1 October 2009. The Act aimed to simplify company law procedures, particularly for smaller companies....
Corporate Governance
The implementation of a set of behavioural rules usually arises out of some form of crisis or misdemeanor. So it was that the Combined Code grew out of reports commissioned following scandals such as...
Director found to be personally liable for misrepresentations on a company sale
Background
The claimant (Invertec) and the first defendant (De Mol Holding BV (DMH)) entered into a sale and purchase agreement for the sale by DMH to Invertec of all of the issued shares in Volante...
Safeway’s legal action against ex-directors and employees stands real prospects of success, rules High Court – Safeway v Twigger, High Court
The High Court has given Safeway the go-ahead to continue its legal action against its ex-directors and employees for alleged breaches of competition law. The Office of Fair Trading believes that some...
Association of British Insurers publishes position paper on executive remuneration
What is the Association of British Insurers?
The Association of British Insurers (ABI) is the trade association for the UK's insurance industry. The ABI has around 400 companies in its membership....
Recent cases on derivative actions under the Companies Act 2006 – are fears of “activist shareholders” unfounded?
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...
Need advice on a compromise agreement?
Litigation project management - a new way of estimating costs
Computer games designer’s failure to disclose his previous ideas meant employing company owned them – Burrows v Smith, High Court
Computer games designer’s failure to disclose his previous ideas meant employing company owned them – Burrows v Smith, High Court
"Fit notes" to be launched in April 2010
As an employer, have you the right to defend your property?
Framework to provide greater certainty on tax policy
A good compromise?
Tax Health Plan
Happy New Year