Clarkslegal LLP - Solicitors in Reading and London

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Apr
09
2019

Importance of good corporate governance is the take-home message of Stobart Group V Tinkler
#Directors' Duties #Corporate

Director’s duties are paramount to good corporate governance, as outlined by the go-to definition produced by the Cadbury Committee in 1992: "Corporate governance is the system by which companies are directed and controlled. Boards of directors are responsible for the governance of their companies. The responsibilities of the board include setting the company's strategic aims, providing the leadership to put them into effect, supervising the management of the business and reporting to shareholders on their stewardship.”...

Mar
12
2019

The many hues of legal jargon
#Commercial #Corporate

We’ve been asked on several occasions in recent times by GP surgeries to give advice about having “green socks clauses” put into their partnership agreements. Such a clause allows the partners to expel one of their number from the partnership without any reason (or even because their fashion sense is questionable), and can be useful where a partner simply does not fit, even though they are not strictly at fault in any way....

Feb
12
2019

Clarkslegal’s corporate team advises on 32 transactions in 2018
#Corporate #Commercial #Press

Clarkslegal’ s corporate team enjoyed a bumper 2018, closing 32 transactions including mergers, acquisitions, disposals, financings and restructurings....

Jan
03
2019

Powers of Attorney and Corporate Transactions
#Corporate #Commercial #Construction

The recent Judgment of the High Court in Katara Hospitality (a company incorporated in Qatar) v (1) Gerard Guez and (2) Jacqueline Rose [2018] EWHC 3063 (“Katara Hospitality”) highlights the importance of ensuring the proper and valid execution of an instrument and also serves as a timely reminder of the importance of ensuring that the scope of an instrument is expressly set out if it is to be successfully relied upon....

Dec
10
2018

The “Braganza” duty - If you have a “discretionary” right in a contract, is it always truly discretionary?
#Corporate

Most people would assume that, if a contract gives one party a right to do something “in its absolute discretion”, that is the end of the matter. ...

Nov
13
2018

Clarkslegal bolsters its Thames Valley presence with Corporate and Real Estate Partner appointments
#Clarkslegal #Commercial #Corporate #Real Estate

Clarkslegal is pleased to announce two new partner appointments to its Thames Valley office. Stuart Mullins joins the Corporate team and brings with him a wealth of experience acting for SMEs and corporates on mergers, acquisitions, banking, corporate law and commercial matters. Mark Izquierdo is appointed to head the Real Estate team in Reading and brings with him over 20 years’ experience in the property market. Mark specialises in investment and development work (residential and commercial) and is highly regarded for the transactional work he undertakes. Managing Partner, Monica Atwal, welcomes Stuart and Mark commenting: “We are delighted with the new appointments to key growth areas for our practice. The appointments demonstrate our continued commitment to the Thames Valley and underline our position at the forefront of commercial legal services in the region”...

Nov
12
2018

New Reporting Requirements for certain Corporates
#Corporate #Commercial

The Companies (Miscellaneous Reporting) Regulations 2018 has now achieved parliamentary approval. This introduces additional reporting requirements for certain qualifying companies. Ahead of their inaugural year we have outlined some of the Regulations’ key provisions. ...

Oct
31
2018

Entrepreneurs Relief, still here but…
#Corporate #Entrepreneurs & Start-Ups

This month’s budget announcement didn’t herald the end of Entrepreneurs relief as some had speculated but did make a number of changes which will mean that share ownership structures involving different classes of share attracting different rights to income and distribution will need to be reviewed to make sure that the holders of those shares still qualify for the relief....

Oct
04
2018

The Unforeseeable Consequence of Force Majeure
#Commercial #Corporate

The doctrine of frustration in English Law provides very limited remedy and therefore, it is well established that parties should include a provision in a commercial agreement which governs issues of liability where a contract cannot be performed by virtue of unforeseen circumstances....

Aug
14
2018

Administration in brief
#Commercial #Corporate

In light of the increasing number of retailers entering insolvency proceedings the spot light is again on the administration process. This article summarises the administration process and reflects on why it has received recent bad press....

Aug
01
2018

Clarkslegal advises BMW Group UK on recent acquisition
#Corporate #Automotive #Commercial

Head of Corporate, Ashan Arif supported by Kirstin Parker, Caroline Lendrum and Martha Craven, advised BMW Group UK on its recent acquisition from H.R. Owen. Details of the transaction are confidential. ...

Jul
09
2018

Cyber Security Regulation – Key Points
#Information Technology #Corporate

EU Directive Security of Networks & Information Systems (NIS) was a response from the EU to concerns about cyber security impacts on key infrastructure within the EU and the impacts that this would have on its citizens....

Jul
09
2018

Data Protection Reform and buying and selling businesses and assets
#Data Protection #Commercial #Corporate

The Introduction of GDPR and the new Data Protection Act 2018 has already been the subject of many an article and discussion....

Jun
12
2018

House of Fraser in Hot Water: the rise of Company Voluntary Arrangements (CVAs)
#Corporate #Commercial

House of Fraser is the latest high-profile CVA in the retail sector but it’s not just the retail sector which has been inundated: the latest government statistics show that there has been an 85.5% increase in the use of CVAs.[1]...

May
10
2018

OASIS Group Again Strengthens UK Market Foothold
#Corporate

Clarkslegal, led by corporate lawyers Jon Chapman and Esma Kilic, continue to advise OASIS Group on all of their UK acquisitions....

Apr
24
2018

OASIS Group UK Acquisition Trail Continues
#Corporate #Press

Clarkslegal, led by corporate lawyers Jon Chapman and Esma Kilic, continue to advise OASIS Group on all of their UK acquisitions....

Dec
12
2017

Toblerone vs Twin Peaks
#Commercial #Corporate #Dispute Resolution

Poundland’s Twin Peaks chocolate bar has recently gone on sale and it’s already creating a buzz, with a rival issuing legal proceedings. Why all the fuss?...

Nov
08
2017

Changes to the PSC Regime
#Corporate #Commercial

Since the PSC Regulations came into effect in June 2016, changes to a company’s PSC information have been filed annually at Companies House on the Confirmation Statement....

Sep
12
2017

CG Archive Acquisition Marks 30th for OASIS Group
#Corporate #Press

Clarkslegal, led by corporate lawyers Jon Chapman and Esma Kilic, have advised OASIS Group on all of their UK acquisitions....

Aug
31
2017

Directors’ & Officers’ Liability Insurance
#Corporate #Commercial #Directors Duties

We are often asked by directors (both exec and non-exec) of clients about whether their company should have D & O liability insurance in place, and what it does and does not cover....

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