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It is common practice that a UK regulated takeover offer will be
made subject to various conditions of a commercial nature,
including there being no...
In the context of a private company acquisition, it is common
practice for the purchasing company to issue debentures (loan
notes) in itself to shareholders...
The Government has issued revised draft legislation on the
exemption for disposals by companies of “substantial
shareholdings”. This update highlights...
After the European Parliament rejected the draft for a Directive on
Takeover Bids in July 2001, the European Commission set up a group
of company law...
CMS Cameron McKenna's Guide to the FSMAct has been updated to February 2002. The guide includes:
A full and detailed analysis of the legislation.
The first year of the new millennium has seen the number of legal disputes started in the High Court continuing to decline, following the sweeping reforms...
It is important that the management of AIM companies and their
advisers are aware of two issues concerning AIM rule book changes
and the proposed Prospectus...
This issue was considered in a case decided
in May 2000 (Priory Garage (Walthamstow) Limited which has
not been widely reported). Somewhat
Kahn and Another (Appellants) v
Commissioners of Inland Revenue (Respondents), otherwise
known as Re Toshoku Finance, recently
decided by the House...
The DTI has published a Consultative Document on Directors'
Remuneration, building on the 1995 Greenbury Report and the more
recent Combined Code, to...
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