BIS-sponsored evaluation finds it was, but company law academic finds the Act “complex in a way that makes even an airplane look simple”
Four directors may share £61 million: Private equity style incentive scheme at listed company
Nine senior managers will receive 10% of any increase in shareholder value over five year period
Court orders rescission of share purchase agreement on grounds of fraudulent misrepresentation
GG132 Ltd v Hampson Industries sees the rarely-used remedy of rescission ordered following a share sale by listed company
This post was updated on 6 June 2011; see end of post.
Unlisted companies: Corporate governance guidance
Institute of Directors ‘Corporate Governance Guidance and Principles for Unlisted Companies in the UK’
CLLS Company Law Committee minutes: Annual re-election of directors, schemes, company stewardship
Market practice information from the minutes of January 2011 meeting of the CLLS Company Law Committee
The Uniq plc scheme of arrangement, Part 3: The court’s discretion to approve the scheme
Third of three posts on legal aspects of this innovative scheme of arrangement
The Uniq plc scheme of arrangement, Part 2: Amending a special resolution
Second of three posts on legal aspects of this innovative scheme of arrangement
The Uniq plc scheme of arrangement, Part 1: The range of uses of a scheme of arrangement
First of three posts on legal aspects of this innovative scheme of arrangement
A European Contract Law?
European Parliament committee votes to support an optional European Contract Law; idea strongly opposed by the UK
Paperless board meetings: Online, app-based boardbooks and board packs
Up-to-date board papers can be accessed anywhere with a wi-fi connection
Disclosure of non-audit services fees by large companies: Upcoming changes
Changes reflect the revised “Ethical Standards for Auditors” published in December 2010
Companies House starts new web incorporation service
Simple companies can be incorporated online for £18
“Cutting clutter” from annual reports: Financial Reporting Council recommendations
“Reducing the time, energy and cost of preparing unnecessary disclosures and increasing clarity for investors”
Farstad v Enviroco: The meaning of “subsidiary” in the Companies Act 2006
Supreme Court confirms Court of Appeal judgment on the Companies Acts meaning of “subsidiary”
European Commission green paper on the EU corporate governance framework
Paper may be the first step towards European legislation on the governance of listed companies
The fiduciary duty of investment managers: Is it more than maximising financial returns?
Pensions lobby group calls for asset managers and investment consultants to be “enlightened fiduciaries”