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FL Memo Ltd © 2007

Company Law Memo Newsletter Issue 8 (October 2007)

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Newsletter Issue 8

October 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:

»  Method of share valuation

»  Draft reduction of capital regulations and consultation

 

Directors:

»  Age discrimination in employment can be justified

»  Insurance giant’s directors disqualified and convicted of conspiracy to defraud

»  Focus on… extradition of company directors

 

Company management:

»  ICSA guidance on multiple proxies and other developments

 

Company accounts:

»  Review of directors’ reports by the Financial Reporting Review Panel

»  Directors’ right to inspect the accounts

 

Transactions:

»  Cross-Border Mergers Regulations published

 

Litigation:

»  Director personally liable for litigation costs

»  Guidance on the Corporate Manslaughter and Corporate Homicide Act

»  CPR amendments

 

Insolvency:

»  Payments that were both preferences and transactions at an undervalue

 

Companies Act 2006:

»  Provisions in force on 1 October 2007

»  Draft reduction of capital regulations and consultation

»  Table A transitional amendments