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FL Memo Ltd © 2009

Company Law Memo Newsletter Issue 1 (January 2009)

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Welcome to the Company Law Memo 2009 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 2009

Newsletter Issue 1

January 2009

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.

While 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…

Dividends and distributions

»            Consultation on taxation of foreign profits of companies

Directors

»               Director disqualified in the public interest

Company management

»               Proposed EC Directive to cut cost of compliance

»               ICSA guidance: accessing the register of shareholders

Company accounts

»               EC recognition of non-EU GAAP

»               New guidance on financial reporting challenges in the current economic conditions

»               ASB amends Financial Reporting Standard on related party transactions

»               New guidance on auditor liability limitation agreements

Company finance

»               EC consults on changes to the Prospectus Directive

Transactions

»               New merger remedy guidelines published

»               Takeover Panel issues response statements to consultations

Insolvency

»               Insolvency Service modernisation and consolidation project

»               Ethical code for insolvency practitioners

»               Focus on “pre-packaged” sales in administrations

Companies Act 2006

»               New regulations published

»               New model articles regulation finalised

»               Draft regulations withdrawn

 

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