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Case update: a chattel or a fixture? download
The degree and object of annexation were the key principles for the High Court to consider in the recent case of Lictor Anstalt v Mir Steel UK Ltd and Libala Ltd.
Stamp duty on takeovers download
We have seen an increasing number of public company takeovers structured as schemes of arrangement.
The Financial Reporting Council has published changes to the UK Corporate Governance Code.
The guidelines are directed at premium-listed Main Market companies — although AIM companies are encouraged to adhere to the guidelines as best practice.
The Small Business, Enterprise and Employment Bill will introduce changes to a company’s filing requirements.
In Shafi v Rutherford, the Court of Appeal considered the completion accounts clause in a share purchase agreement, by which the final consideration was to be determined.
The Company Names Tribunal was set up to adjudicate disputes arising under section 69(1) of the Companies Act 2006.
New rules on corporate transparency download
The Small Business, Enterprise and Employment Bill will introduce new requirements regarding corporate transparency.
It is not clear when the Cabinet Office envisages that the new regulations will become law, but the fact that they are dated 2015 suggests it will be sooner rather than later.
On 29 May 2014, the Pension Protection Fund published ‘Consultation on the second PPF Levy Triennium — 2015–16 to 2017–18’.
The government is seeking views on implementing enhanced powers to ensure the continuity of the supply of essential services to insolvent businesses and individuals.
Consumer Contracts Regulations download
The Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 came into force on 13 June 2014.
The CMA is consulting on a provisional decision to refer the market for the supply of retail banking services to PCA customers and to SMEs for a phase II market investigation.
Is an agreement to have ‘friendly discussions’ before going to arbitration or litigation enforceable? (It can be...) download
In Emirates Trading Agency v Prime Mineral Exports, the court had to examine the dispute resolution procedures agreed by the parties in their contract.
In Kruppa v Benedetti & Anor, the claimant started court proceedings but the defendant argued there was a valid agreement to arbitrate.
The FCA has published the above consultation paper, which sets out its intended approach to the implementation of a price cap for high-cost, short-term credit.
This briefing discusses Rule 9.1 of the Takeover Code.
A corporate sale and purchase agreement will typically contain provision for the service of notices.
The government was consulting on proposals to relax the administrative burden for companies, and has now published its responses to the consultation.
Enhancing corporate transparency download
The government has published its response to its consultation paper and indicated that it intends to continue with the bulk of its proposals to enhance corporate transparency.