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United Kingdom - April 6 2011 The Court of Appeal has confirmed the High Court's decision that the "Balance Sheet Test" (for whether a company is unable to pay its debts under Section 123(2) of the Insolvency Act 1986) cannot be reduced to a single formula or set of principles that apply to all companies.
United Kingdom - October 22 2009 A recent Court of Appeal decision has restated the strict prohibition against directors using information gained as a result of their position as directors for their own personal gain.
United Kingdom - August 21 2009 There are now nearly 40,000 LLPs registered in the UK with approximately 8,000 new LLPs incorporated annually.
United Kingdom - March 17 2009 The Company Names Adjudicator has made its first orders under section 69 Companies Act 2006 (which came into force on 1 October 2008) requiring companies to change their name.