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Abolition of directors' age limit

Shepherd & Wedderburn LLP
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United Kingdom
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April 3 2007

From 6 April 2007, section 293 of the Companies Act 1985, setting the age limit for directors of public companies and subsidiaries of public companies at 70 years will be repealed

Consultant was in breach of confidentiality obligations

Shepherd & Wedderburn LLP
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United Kingdom
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June 11 2009

The High Court has held that a consultant was in breach of obligations of confidentiality to a former client, when he misused confidential information to develop a competing product for another party (Vestergaard Frandsen AS and others v Bestnet Europe Limited and others

Punitive fines, sentencing and publicity - new draft sentencing guidelines for corporate manslaughter and health and safety offences

Shepherd & Wedderburn LLP
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United Kingdom
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December 9 2009

Health and safety remains an extremely important aspect of the energy industry

Directors' remuneration disclosure requirement

Shepherd & Wedderburn LLP
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United Kingdom
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April 9 2009

Under the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, for financial years beginning on or after 6 April 2009, quoted companies must set out in the Directors' Remuneration Report a statement of how the pay and conditions of employees were taken into account when setting directors' remuneration

Controlling shareholder can be an employee

Shepherd & Wedderburn LLP
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United Kingdom
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April 9 2009

The Court of Appeal has confirmed that a shareholder and director of a company can also be an employee of the company, even in circumstances where their shareholding gives them total control over the company

FSA consults on changes to its Remuneration Code

Shepherd & Wedderburn LLP
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United Kingdom
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August 13 2010

The FSA has recently announced plans to update its Remuneration Code to reflect new EU restrictions

Fine for breach of competition law not recoverable from employees and directors

Shepherd & Wedderburn LLP
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United Kingdom
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January 17 2011

In Safeway v Twigger the Court of Appeal has held that a company cannot recover the costs of a fine imposed on it by the Office of Fair Trading for competition law breaches from its directors or employees involved in the infringement that led to the fine

Draft sentencing guidelines published for corporate killing and health & safety offences

Shepherd & Wedderburn LLP
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United Kingdom
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November 30 2009

On 27 October 2009, the Sentencing Guidelines Council for England and Wales published draft guidelines for the sentencing of corporate manslaughter and health & safety offences causing death

Enterprise and Regulatory Reform Bill has been published

Shepherd & Wedderburn LLP
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United Kingdom
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May 25 2012

Following the Queen’s Speech earlier this month, the Enterprise and Regulatory Reform Bill was published on 23 May

Women’s Business Council established

Shepherd & Wedderburn LLP
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United Kingdom
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May 25 2012

A new Women’s Business Council has been established by the Home Office with a remit of tackling barriers to female success at work

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