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FL Memo Ltd © 2008

Company Law Memo Newsletter Issue 5 (September 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 5

September 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

 

Types of business and corporate structures:

»  BERR consultation on reform of limited partnership law

 

Directors:

»  New guidance on directors’ duty to avoid conflicts of interest

»  Is the scope of a company’s business relevant to directors’ fiduciary duties?

 

Company management and decision making:

»  Changes to information required on annual returns from 1 October 2008

 

Company accounts:

»  APB proposes revised ISA (UK and Ireland) 700 and issues further example auditor’s reports

 

Buying and selling a company:

»  Changes to stamp duty land tax rates

 

Litigation and investigations:

»  Changes to the Civil Procedure Rules

 

Company finance:

»  CESR updates its FAQs on prospectuses

 

Insolvency:

»  Insolvency Service consults again on insolvency law reform

»  Contingent creditor’s petition for winding up

»  Changes to trading disclosures required during insolvency from 1 October 2008

 

Companies Act 2006:

»  October 2008 implementation

»  Draft secondary legislation