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In the recent case of West v Ian Finlay & Associates, the Court of Appeal found that net contribution clauses ‘are by no means unusual’.
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 Bluewater Energy Services BV v Mercon Steel Structures BV and others, the parties to a subcontract agreed LDs in connection with a key personnel clause.
In Richmond Pharmacology Ltd v Chester Overseas Ltd, Chester held 44 per cent of the shares in Richmond.
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.
Access to the register of members download
Under section 116 of the Companies Act 2006, any person may request a copy of the company’s register or part of it.
Mis-selling of interest rate swaps download
The drop in interest rates that accompanied the downturn in 2008 left many borrowers confronted with much higher-than-expected payments to lenders.
The Irish Supreme Court has ruled that a letter of demand that overstates the amount due from the borrower, is nonetheless a valid letter of demand.
The answer was ‘no’ in Northrop Grumman Mission Systems Europe v BAE Systems. However, parties should not take this decision as a green light to refuse to mediate.
The Supreme Court has published its final decision in the North East Property Buyers litigation that has provided crucial clarity on priority interests in land.
The UK Supreme Court has published its final decision in the North East Property Buyers litigation case, in which Walker Morris represented one of the lenders.
The Company Names Tribunal was set up to adjudicate disputes arising under section 69(1) of the Companies Act 2006.
When a court assesses the amount of costs payable by one party in litigation proceedings to another, the costs may be assessed on either a standard basis or an indemnity basis.
Rights of a subrogated creditor download
Subrogation is a remedy allowing a party to step into the shoes of another party assuming the benefit of any rights that second party may have in relation to a liability.
New rules on corporate transparency download
The Small Business, Enterprise and Employment Bill will introduce new requirements regarding corporate transparency.
DECC has released its report summarising the responses received and action to be taken regarding underground access for gas, oil and geothermal developers.
Walker Morris has advised Symington’s on its acquisition of certain of the business and assets of The Tanfield Food Company for an undisclosed sum.
Walker Morris’s sports group has advised a consortium from Thailand on its purchase of Reading Football Club.