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Results: 1-10 of 72

Are parent company letters of support legally binding?

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • May 14 2013

The High Court has decided that letters of support provided by a parent company did not have contractual force. The letters did no more than provide

Simpler rules for buying back shares from employees and other small shareholders

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • April 30 2013

As of 30 April 2013, it has become slightly easier for private companies to buy back their own shares, including shares held by employees. At first

Directors' remuneration in listed companies - an update

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • April 15 2013

As reported in our previous Law-Now, the Department for Business Innovation & Skills (BIS) last year introduced draft legislation requiring listed

Focus on: corporate manslaughter

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • March 27 2013

In April 2008 the Corporate Manslaughter and Corporate Homicide Act 2007 (Act) came into force. The Act abolished the common law offence of gross

Buyer protections reduced by members’ voluntary liquidation

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • March 21 2013

Share purchase agreements often include indemnities or covenants to pay designed to protect the buyer for a period after completion where some

Is there an implied duty of good faith?

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • March 19 2013

In many other jurisdictions - for example, in continental Europe, Australia and North America - contracting parties have duties of good faith and

Amendments to the late payment of commercial debts regime

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • March 15 2013

On 16 March 2013, changes to the Late Payment of Commercial Debts (Interest) Act 1998 (the "Act") and its regulations will come into force in England

Withholding consent what is reasonable?

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • February 28 2013

The High Court’s recent decision in Barclays Bank Plc v UniCredit Bank AG examined the right of a party to withhold consent under a contract where it

Further corporate manslaughter prosecution announced

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • February 26 2013

A water sports club in Middlesex is the latest company to be charged under the Corporate Manslaughter and Homicide Act 2007 following the death of a

Model code - proper systems and processes must be maintained

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • February 26 2013

The Model Code requires directors and other persons discharging managerial responsibilities (PDMRs) in listed companies to obtain clearance before

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