The High Pay Commission's Final Report - Cheques with Balances: Why tackling...
The High Pay Commission was an independent inquiry established by Compass with the support of the Joseph Rowntree Charitable Trust to look into high pay and boardroom pay across the public and private...
View ArticleRed Tape Challenge to company law
A total of 120 pieces of legislation are under the spotlight as the Government focuses its Red Tape Challenge on company law In April 2011, the Government launched its two year Red Tape Challenge to...
View ArticleThe future of financial reporting: Cutting clutter?
Consultation on the future of financial reporting in the UK continues, following the recent publication by the Accounting Standards Board (ASB) of its revised proposals, and the publication of an...
View ArticleCourt of Appeal endorses commercial common sense approach
In the case of Chalabi & Others v Agha-Jaffar & Another the Court of Appeal has followed the recent decision by the Supreme Court in Rainy Sky SA and others v Kookmin Bank (Rainy Sky). The...
View ArticleShare sale or site sale?
Purchasing the share capital of a Special Purpose Vehicle (SPV), rather than the land owned by the SPV, may be unfamiliar to developers With proper advice, however, this option could be considered if...
View ArticleWho has control of your company? Care with pre-emption provisions
The case of McKillen v Misland (Cyprus) Investments Ltd and Others, heard before the Court of Appeal on 20 February 2012, has highlighted the importance of corporate succession planning and ownership...
View ArticleJoint ventures: 'Cos ya gotta have (good) faith...faith...faith'
In the recent case of Ross River Limited & others v Waveley Commercial Limited & others, the High Court confirmed that parties to a joint venture can owe fiduciary obligations to each other....
View ArticleShoosmiths advises MML Capital Partners on fourth deal
Shoosmiths' Birmingham corporate team has advised MML Capital Partners on the sale of Virginia-based Cableform Inc to Hubbell Inc. This is the fourth consecutive deal completed by Shoosmiths on behalf...
View ArticleExecutive pay: Government consults on empowering shareholders
In this time of austerity, executive remuneration continues to attract the attention of the media, business leaders, investors and academics In January 2012, following the government's autumn 2011...
View ArticleShoosmiths advises Patriot Aerospace on its latest acquisition
Corporate specialists at Shoosmiths have advised Patriot Aerospace on its acquisition of commercial helicopter charter specialist Veritair Aviation. Shoosmiths' team was led by corporate associate Emma...
View ArticleClean sweep for Shoosmiths at Deals Awards
Shoosmiths was the legal star of the show at the Thames Valley & Solent Deals Awards, 2012 after winning both of the legal categories. The national law firm won Law Firm of the Year, with corporate...
View ArticleDirectors' remuneration: Is the Enterprise and Regulatory Reform Bill paving...
Over recent months, we have reported that the Government is considering changes to the corporate governance framework on directors' remuneration The first of those changes is now proposed through the...
View ArticleShoosmiths team behind a2e's lightning strike
A multi-discipline team from Shoosmiths has helped a Manchester venture capitalist buy a defence and aerospace manufacturer. The acquisition was carried out by the national law firm's corporate team in...
View ArticleShoosmiths advises Autologic on its sale to Stobart
Shoosmiths has advised client Autologic Holdings plc on its £12m sale to Stobart Holdings Limited, a subsidiary of Stobart Group Limited. The transaction was effected by means of a scheme arrangement...
View ArticleEmployee Ownership: A positive new business model for a struggling economy?
On 4 July 2012, BIS published the final report on the Nuttall Review of Employee Ownership (the Nuttall Report). The report was commissioned by the government to explore how to promote employee...
View ArticleIncreased fines for directors and company officers
Companies and their officers may be forced to rethink their approach to what may previously have been considered 'minor' breaches of business legislation. The Legal Aid, Sentencing and Punishment of...
View ArticleRemoving the gold plating - audit exemptions will save money
The Government estimates more than 100,000 UK businesses could save millions of pounds in annual accountancy and administration costs under its proposals for reduced auditing and reporting...
View ArticleLate service could leave you the author of your own misfortune
In the recent case of Ener-G Holdings Plc v Philip Hormell [2012] EWCA Civ 1059, whilst a commercial approach was taken interpreting notice provisions, time limits in the share purchase agreement were...
View ArticleNew route to UK IPO market
The government has announced new proposals designed to make the UK a more attractive and competitive listing destination for high growth businesses. Described as 'ambitious' and 'bold' the proposals...
View ArticleVTB v Nutritek: Preserving the corporate veil?
The corporate veil principle - that a company has a separate legal personality from its members - is a long established and fundamental element of English company law. It operates to keep a company's...
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