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BIS Select Committee Launches Corporate Governance Inquiry
  • Herbert Smith Freehills LLP
  • United Kingdom
  • September 20 2016

The Business, Innovation and Skills ("BIS") Select Committee announced on Friday that it is launching an inquiry into corporate governance, focussing


Scope of proposed new offence of failing to prevent economic crime
  • Herbert Smith Freehills LLP
  • United Kingdom
  • September 15 2016

This week has seen a flurry of press reports which appear to suggest that individual directors could be held personally liable for the acts of


No implied obligation of good faith in exercising contractual right of termination
  • Herbert Smith Freehills LLP
  • United Kingdom
  • September 12 2016

The High Court has again considered the circumstances in which a duty of good faith will be implied into a contract, rejecting an argument that a


Court of Appeal finds innocent party could not affirm contract following repudiatory breach where defaulting party unable (not just unwilling) to perform
  • Herbert Smith Freehills LLP
  • United Kingdom
  • September 8 2016

The Court of Appeal has upheld a decision that a party was not entitled to keep a contract alive for the purpose of claiming ongoing liquidated


Updates to the GC100 and Investor Group Guidance on Remuneration Reporting
  • Herbert Smith Freehills LLP
  • United Kingdom
  • August 18 2016

The GC100 and Investor Group has published a revised version of its guidance on directors’ remuneration reports and policies, which all UK


Brexit: what next for boards?
  • Herbert Smith Freehills LLP
  • European Union, United Kingdom
  • August 3 2016

The UK’s vote to leave the EU has caused a shock to the currency markets, ushered in a period of unprecedented political change and prompted myriad


Executive Remuneration Working Group - Final Report Published
  • Herbert Smith Freehills LLP
  • United Kingdom
  • August 2 2016

The Executive Remuneration Working Group has now published its Final Report, building on its Interim Report which we covered in our bulletin here


Commercial Court finds commitment letter unsigned by one party to be legally binding
  • Herbert Smith Freehills LLP
  • United Kingdom
  • July 26 2016

The recent decision of the Commercial Court in Novus Aviation Limited v Alubaf Arab International Bank BSC(c) 2016 EWHC 1575 (Comm), serves as a


Remuneration Policies Revisited
  • Herbert Smith Freehills LLP
  • United Kingdom
  • July 12 2016

The 2014 AGM season saw the first remuneration policy approvals under the Directors' Remuneration Report ("DRR") regime which came into force in


UK Serious Fraud Office secures second Deferred Prosecution Agreement for foreign bribery
  • Herbert Smith Freehills LLP
  • United Kingdom
  • July 12 2016

London’s Crown Court recently approved only the second Deferred Prosecution Agreement (DPA) since the introduction of DPAs to the UK’s anti-bribery