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The government introduced draft legislation in January 2015 to prevent the use of reductions of capital by target companies using takeover schemes of arrangement.
The government has introduced legislation to prevent the use of reductions of capital by target companies using takeover schemes of arrangement. In other words, no more takeover cancellation schemes.
The Groceries Code Adjudicator has announced that she is to investigate Tesco for its conduct under the Groceries Supply code, after reports of accounting irregularities.
Workers who are unable to take holiday are entitled to carry over that untaken holiday into the next holiday year. A recent case has explored how this legal principle might be extended further.
On 5 February 2015, the government published the final form of the new Public Contracts Regulations 2015.
Shoosmiths has advised Consilia Investments on its co-investment with members of the target’s management, into a newco and the company’s subsequent acquisition of Allied Textiles from Chamonix Private Equity.
Shoosmiths advises property consultants GBR Phoenix Beard on its acquisition of Optic Asset Management.
Firm acts for Dr Irvine on acquisition of Homesitters Limited.
This article considers market trends that have developed over the last 12 months, as well as developments in law and regulation which will continue to impact lenders in the year ahead.
Why it is of paramount importance that businesses take care to use commercial agents that they know and trust.
It has been a busy start to the year for the Competition and Markets Authority’s (CMA) merger control teams, with the CMA identifying possible concerns arising from no less than four deals in January.
Shoosmiths has advised Milton Keynes based Intelligent Maintenance Systems Limited on a transaction with E.ON Connecting Energies Ltd that has seen the energy company take a 25 per cent stake in the company.
The European Commission has given state aid approval to a UK scheme designed to make sure that owners of properties at risk of flooding can obtain affordable insurance.
Buyer beware! Business purchases present numerous traps for the unwary particularly in terms of the employment liabilities that may be transferred.
Shoosmiths has advised the shareholders of Rex Features, the largest independently owned photographic agency in Europe, on its sale to Shutterstock.
The Court of Justice of the European Union has recently confirmed that obesity can be a disability. Shoosmiths considers the practical implications of this decision for employers.
The SRA’s new training regime for all aspirant and qualified solicitors is expected to come into force from November 2016.
On 26 January 2015, two individuals entered pleas of not guilty to criminal cartel charges brought under the Enterprise Act 2002.
Shoosmiths has advised DPE Deutsche Private Equity and its portfolio company OmniaMed on their multi-million pound acquisition of Schofield Healthcare Media.
The CJEU has handed down a ruling that may significantly affect owners of databases of information who wish to restrict how their data is used and those who make use of such databases.