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Powers of attorney: decision highlights importance of proper execution and scoping

United Kingdom - May 8 2019 Powers of attorney are often used in a corporate law context, such as at completion meetings where a party is absent and appoints an attorney to...

Anna Janik, Candice Chapman, Richard Barham.

Takeover Code: new rules on asset valuations

United Kingdom - May 8 2019 A new Rule 29 of the Takeover Code concerning asset valuations came into effect on 1 April 2019 following the publication in March by the Code...

Anna Janik, Candice Chapman, Richard Barham.

Directors' remuneration reporting: new rules for certain publicly traded companies

United Kingdom - May 8 2019 There will be some changes to the rules on directors' remuneration reporting in the Companies Act 2006 to reflect the requirements of the EU...

Anna Janik, Candice Chapman, Richard Barham.

Directors' duty to consider the interest of creditors and transactions at an undervalue

United Kingdom - May 8 2019 The Court of Appeal has given guidance on when the duty of directors to have regard to the interest of creditors arises. This is an important point...

Anna Janik, Candice Chapman, Richard Barham.

Can a company reclassify an unlawful dividend payment?

United Kingdom - May 8 2019 The Court of Appeal has considered whether interim dividends paid to a shareholder at a time when the company did not have sufficient distributable...

Anna Janik, Candice Chapman, Richard Barham.