Olswang Corporate Quarterly - Autumn 2014

United Kingdom

This article was produced by Olswang LLP, which joined with CMS on 1 May 2017.

Welcome to the Autumn 2014 edition of Olswang Corporate Quarterly

In this issue we cover the following topics:

Mistaken assumption by another contracting party? When to speak up and when to stay silent
We consider whether there is a duty to speak up when the other party to a contract is acting under a mistaken assumption - a question considered in the recent Starbev v Interbrew case.

Transparency of UK company ownership: far reaching changes on the way
The Small Business, Enterprise and Employment Bill is currently making its way through Parliament. Of particular importance to UK companies and their shareholders are the provisions dealing with the transparency of company ownership. The proposed changes are far reaching and the Government has indicated its intention to pass the Bill into law in 2015. This summary highlights the key parts of the draft legislation, its implications and who needs to start preparing for its implementation. We also include more detailed features on:

  • New duties to disclose controlling interests
  • Proposed abolition of bearer shares
  • Provisions relating to directors

Did you know…?
Some practical points for companies including the new approach taken on the validity of agreements to negotiate in Emirates Trading Agency v Prime Mineral Exports. We also look at new guidance published on equality law and director appointments and include a reminder of recent changes relating to employee share incentive arrangements

To access a pdf version of this publication in full please click here.