Contents: Company Law Memo 2008 Newsletter Issue 2 (March 2008)

Company Law Memo Newsletter Issue 2 (March 2008)

Newsletter Issue 2

March 2008

COMPANY LAW MEMO 2008

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Disclaimer

This newsletter is provided on the understanding that the information contained within it is for guidance only, and that the publisher is not in business to provide legal or accounting advice or other professional services. Readers entering into transactions on the basis of, or otherwise relying on, such information should seek the services of a competent professional adviser.

Whilst every care has been taken to ensure the accuracy of the contents, the editors and the publishers cannot accept responsibility for any loss occasioned to any person acting or refraining to act as a result of any statement in this newsletter.

Welcome to the Company Law Memo 2008 newsletter, highlighting important recent developments in company and insolvency law. You can also access comprehensive updates to specific paragraphs via our online updating service. We always welcome suggestions from readers, so please contact us if you have any comments.

	In this issue…
	Company formation and constitution: » New Companies Act October 2008 implementation - finalised trading disclosures regulations » Amendments to Tables C and E
	Shares: » Directors’ duties in relation to dividend payments » Creditors’ right to object to reduction of capital » New Companies Act - April 2008 implementation
	Company management and decision making: » ICSA guidance on proxies and corporate representatives at shareholder meetings » Focus on… Execution of documents » New Companies Act - April 2008 implementation
	Company secretary: » New Companies Act - April 2008 implementation
	Company accounts: » New Companies Act - April 2008 implementation
	Transactions: » Impact of the Budget on companies » New guidance on the City Code from the Takeover Panel » New Companies Act - April 2008 implementation
	Litigation: » Implementation of corporate manslaughter law
	Insolvency: » Secondary insolvency legislation reform postponed again » Insolvency Service report on the impact of the Enterprise Act on corporate insolvencies » Liquidator did not owe duty of care to individual creditor » Secured creditors’ access to ring-fenced fund » Dissolution after insolvency: treatment of company’s property » Exemption for companies in administration from unoccupied business property rates » New Companies Act - April 2008 implementation and Insolvency Rules amendments
	Companies Act 2006: » April 2008 implementation » October 2008 implementation » Consequential amendments to companies and insolvency legislation » Amendments to Tables C and E