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FL Memo Ltd © 2008

Company Law Memo Newsletter Issue 3 (May 2008)

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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. 

COMPANY LAW MEMO 2008

Newsletter Issue 3

May 2008

185 PARK STREET

BANKSIDE

LONDON

SE1 9DY

(T) 020 7803 4666

(F) 020 7803 4699

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.

 

In this issue

 

Company formation:

»  BERR publishes consolidated articles

»  New draft regulations under CA 2006 on names, registration and trading disclosures

»  Finalised regulations under CA 2006 on trading disclosures

»  New draft model articles under CA 2006

 

Shares:

»  Purchase of own shares:  Form 169 updated

»  New draft regulations under CA 2006 on share capital and reduction of capital

 

Company management and decision making:

»  Proposed EU changes to cut cost of compliance

»  New regulations to protect consumers and businesses

»  New draft regulations under CA 2006 on company records, addresses, Companies House and the Annual Return

 

Company accounts:

»  New guidance on company accounts and audit

»  Director’s access to company accounts

 

Transactions:

»  OFT consultation on merger control

»  Directors’ and auditors’ liability for defective whitewash

 

Insolvency:

»  New draft regulations under CA 2006 on striking off and restoration to the register

»  Receiver’s liability for costs of unsuccessful litigation

 

Companies Act 2006:

»  BERR publishes consolidated articles

»  New draft and finalised regulations under CA 2006 on various topics

»  Application of CA 2006 to LLPs:  consultation response