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FL Memo Ltd © 2007

Company Law Memo Newsletter Issue 1 (March 2007)

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Newsletter Issue 1

March 2007

COMPANY LAW MEMO 2007

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.

Welcome to the Company Law Memo 2007 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

 

 

Shares and share capital:

»  DTI consultation on EC Directive on capital maintenance and share capital

 

Directors:

»  Director’s breach of fiduciary duties

 

 

Company accounts:

»  DTI consultation on EC Directive on company reporting

»  DTI consultation on EC Directive on statutory audit

 

Corporate transactions:

»  Budget 2007

»  Payment of fee to introducing agent not financial assistance

»  Meaning of “reasonable endeavours

»  FAQ on Prospectus Directive

»  Takeover Panel publishes amendments to City Code

»  DTI consultation on EC Directive on cross-border mergers

 

Litigation:

»  Focus on...The Corporate Manslaughter Bill

 

Insolvency:

»  Winding up petition deposit increase

»  Insolvency Service’s review of secondary legislation

»  Effect of EA 2002 on realisations and costs

»  Can rates be paid as an expense of administration?

 

Companies Act 2006:

»  Implementation timetable

»  DTI consultation on secondary legislation and transitional arrangements