FL Memo Ltd © 2009

Company Law Memo Newsletter Issue 2 (March 2009)

PDF printer friendly version

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 2

March 2009

185 PARK STREET

BANKSIDE

LONDON

SE1 9DY

(T) 020 7803 4666

(F) 020 7803 4699

In this issue…

Types of business and corporate structures

»               Consultation on changes to Community Interest Company regulations

»               EC Small Business Act for Europe

Shareholders

»               Unfairly prejudicial conduct in managing a company

»               Northern Rock’s former shareholders challenge compensation assessment

Directors

»               Exercise of a share option and alleged repudiatory breach of employment contract

Company management and decision making

»               Reports on corporate social responsibility published

»               European Commission moves towards cutting the cost of financial reporting

Company accounts and finance

»               European Commission makes improvements to IASs

»               New guidance on financial reporting challenges for small companies

»               Approving financial promotions for overseas companies

Transactions

»               Memorandum of understanding between OFT and Competition Commission

»               Protection of employment when business is transferred

»               Court sanction for a takeover by scheme of arrangement

Litigation

»               Changes to court in which certain civil claims must be commenced

»               Focus on...Pre-action conduct in civil litigation

Insolvency

»               Insolvency law modernisation and consolidation project

»               Changes to insolvency fees from 6 April 2009

Companies Act 2006

»               Finalised regulations published

»               New draft regulations published

»               Extending the Takeover Panel’s powers to the Isle of Man

 

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.