Mondaq UK: Corporate/Commercial Law
The European Securities and Markets Authority ("ESMA") has published a number of updates in relation to its recommendations relating to prospectuses produced in accordance with the Prospectus Directive (Directive 2003/71/EC, the "PD"), mineral companies and third country prospectuses. ESMA has also published a consultation paper on supplementary prospectuses.
The European Union has recently proposed new accounting and disclosure rules that will oblige European listed and other large companies in extractive industries to disclose material payments to the governments in countries where they operate.
There are many reasons for businesses looking to develop or expand their markets and sales beyond UK shores.
On 5 July 2012, the Code Committee of the Takeover Panel consulted on various changes to the Takeover Code in relation to pension scheme trustee issues.
As we indicated last year, the government is proposing to make changes to the directors' remuneration report requirements for quoted companies from 1 October 2013.
A summary of the most recent developments in the charity sector.
Over the last six months the Deloitte National Charity Partnership has been at the forefront of every mind in our Corporate Responsibility Team.
In this instance, the Protector cast himself in a role which went well beyond what was proper and led him to play an overactive part in the management of the trusts in some respects and to neglect his duties in others.
A summary on a number of decisions in the Court of Appeal and the Supreme Court.
"Consent payments" offered to loan note holders to secure their votes in favour of various amendments to the terms of the notes were valid and lawful where made openly to all note holders on the same terms.
Readers of the bulletin will be aware of the recent discovery, disinterment and identification of what have now been clearly established to be the bones of King Richard III from the site of the former Greyfriars (Franciscan) Church in Leicester.
Parochial Church Councils should be aware of the provisions of the Parochial Church Council’s (Powers) Measure 1956 in relation to land and property.
A guide to the duties of directors.
On 1 May 2013, the Quoted Companies Alliance launched its new Corporate Governance Code for Small and Mid-Size Quoted Companies 2013.
A list of the most recent updates in the charity sector.
The May edition of our biannual PLC Update, aimed at directors and in-house counsel of listed companies, nomads/brokers and sponsors, and other interested corporate finance professionals and intermediaries.
The Department for Business, Innovation and Skills is proposing a new legislative framework which is aimed at giving shareholders greater influence on the issue of executive remuneration.
Companies that need to enter administration have a number of methods available to them to enter into this insolvency procedure.
The progress through the courts of Pitt v HMRC and Futter v HMRC has been followed closely by trustees and those advising them.
This decision shows that there is a difference between an obligation to carry out works diligently and an obligation to use all reasonable endeavours to ensure that works are completed.
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Business Owners often ask whether a contract that their company is entering into can in fact take effect from an earlier date compared to the date on which it is to be signed by the parties.
A guide to the duties of directors.
Traditionally, English law does not recognise a general duty of good faith applicable to contracts, and rather recognise the right and freedom of commercial contracting parties to enter into an agreement on whatever terms they see fit and to prioritise their own self-interest.
This decision shows that there is a difference between an obligation to carry out works diligently and an obligation to use all reasonable endeavours to ensure that works are completed.
A discussion on the impact of the America’s FATCA regulations for trustees.
For over 40 years the EIC (European International Contractors) has been at the forefront of advocating fair and balanced conditions of contract in the international construction sector.
A discussion on a recent case where a third contract arising out of the settlement agreement was not unenforceable for lack of certainty over terms yet to be agreed when considered in the context of the settlement agreement and other two contracts already performed.
In a recent case, the English Court of Appeal considered whether a company (and its insurers) can be liable to a sole director injured at work.
The progress through the courts of Pitt v HMRC and Futter v HMRC has been followed closely by trustees and those advising them.
A summary on a number of decisions in the Court of Appeal and the Supreme Court.
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