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I was recently asked to provide an answer to an employment question posed in Jonathan Moules’ ‘Business Questions’ column in The Financial Times newspaper, which appeared in the Saturday 30 July...
How to: validly execute a deed on behalf of a company
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...
Company gets injunctive protection from prickly director – Hedgehog Golf Co Limited v Frank Hauser, High Court
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...
“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....
Bribery Act on hold
The Ministry of Justice (MoJ) has announced that the implementation of the Bribery Act, which had been due to take place in April 2011, has been delayed whilst guidance on the legislation is written.
The...
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...
Moves to increase the number of female directors on FTSE 100 boards
The Government has been keen to increase the number of women in leadership positions of the United Kingdom’s top 100 companies. However, a recent report by Cranfield University School of Management shows...
BAE sentence announced
Background
BAE Systems plc (BAE) and the Serious Fraud Office (SFO) reached a settlement agreement in February 2010 as regards BAE’s alleged corruption in the procurement by BAE of a contract with...
Non-executive directors face growing time pressures
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...
Directors safe from company fines under Competition Act 1998 – Safeway Stores Limited & Others v Twigger & Others, Court of Appeal
The Court of Appeal has ruled that, where an undertaking has been fined for a breach of the Competition Act 1998, that undertaking cannot recover the amount of the fine from those directors or employees...