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FL Memo Ltd © 2007

Company Law Memo Newsletter Issue 8 (January 2007)

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Welcome to the Company Law Memo 2006 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. 

Newsletter Issue 8

January 2007

COMPANY LAW MEMO 2006

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

 

 

Company names/Company formation and constitution:

»  Disclosure of company information on websites and order forms

 

Dividends and distributions:

»  Interpretation of “relevant accounts” for purposes of dividend payment

 

 

Company accounts:

»  New example reports and statements by auditors

»  EC consultation on auditors’ liability

»  New FRSSE

»  Directors’ new liability for their reports

 

Buying and selling a company:

»  Availability of roll-over relief on exchange of shares for loan notes

 

Litigation:

»  New charters for court users

»  Consultation on Supreme Court Rules

 

Insolvency:

»  Disclosure of company information on websites and order forms

»  Proposed EC Directive protecting employees where their employer is insolvent

»  Administration application dismissed for lack of detail

 

Companies Act 2006:

»  Focus on….New company communications provisions

»  Implementation