Clarkslegal LLP - Solicitors in Reading and London

Corporate - Legal Updates

Search Legal Updates

Feb
13
2017

Conflicts of Interest, Fiduciary Duties and Formula 1 Acquisition
#Corporate

Conflicts of interest issues can arise under a variety of circumstances, even in corporate transactions where parties may have alternative motives to complete the deal. To mitigate the risk of a conflict of interest arising and avoid breaching ethical or fiduciary duties, companies should strive for transparency....

Jan
17
2017

Clarkslegal advises Meridian Leisure Hotels on its latest acquisition of an internationally branded hotel
#Commercial #Corporate #Employment

News - Clarkslegal corporate team have advised successfully MLH in latest acquisition...

Nov
25
2016

Restrictive covenants claims
#Dispute Resolution #Corporate

Restrictive covenants are commonplace in both business sale agreements and employment contracts. Claims based on such covenants invariably turn on whether ...

Sep
07
2016

Directors` Duties
#Directors' Duties #Corporate

The Companies Act 2006 (“the 2006 Act”) codified many of the existing ‘common law’ and fiduciary duties of company directors. These duties apply to executive, non-executive and shadow directors. Below is an example of how these duties under the 2006 Act apply....

Sep
06
2016

Three “Ms” to help avoid the supplier’s nightmare of a key customer who can’t pay
#Commercial #Corporate

In the first quarter of this year, in England and Wales, 3,694 companies and 20,383 individuals were unable to pay their debts and went into a formal insolvency procedure (The Insolvency Service: Insolvency Statistics – January to March 2016). It goes without saying that these statistics mean that a very considerable number of suppliers to companies or sole traders will have been left as unsecured creditors, likely to receive a fraction only (or nothing at all) of what they were owed for goods or services supplied....

Aug
08
2016

Investing in the UK – do your homework
#Corporate #Inward Investment

Despite some uncertainty over the UK’s new status and trade relationships post Brexit, the UK remains an attractive place for overseas investment. We continue to see a high level of investments from existing and new international clients into the UK. ...

Jun
13
2016

Phishers don’t discriminate against start-ups
#Corporate #Entrepreneurs & Start-Ups

Start-ups often believe that their business may not be susceptible to phishing attacks compared to the likes of giant corporates; however these attacks during growth stage could be lethal to the success of the business going forward. ...

Jun
13
2016

Do you need help getting your PSC register or Confirmation Statements in order?
#Corporate

On 6 April 2016, ‘The Register of People with Significant Control Regulations 2016’ came into effect requiring companies to keep a register of people with significant control (PSC Register) with their company’s statutory books. ...

Jun
10
2016

Clarkslegal advises on the sale of Microtor Limited  
#Corporate

Clarkslegal, led by corporate lawyers Jon Chapman and Esma Kilic, advised the selling shareholders on the sale of Microtor Limited....

Jun
01
2016

Clarkslegal's Corporate Team Advises on the sale of UniServity Limited to New Era UK Holdings
#Corporate

Clarkslegal, led by Corporate Partner Ashan Arif, advised on the sale of UniServity Limited to New Era UK Holdings. ...

May
10
2016

Join the Revolution: Going Circular
#Corporate

A large majority of offices these days have recycling bins but, unfortunately, these bins are sometimes more symbolic and decorative than functional....

Apr
07
2016

Bribery Act 2010 bites…….
#Directors' Duties #Corporate

It was widely reported, earlier this month, that a Scottish company, Braid Logistics (UK) Limited, had agreed to pay some £2.2m to the Crown Office and Procurator Fiscal Service’s civil recovery unit by way of an agreed civil settlement, having accepted that it had obtained business through unlawful conduct. ...

Mar
08
2016

What's on the horizon for corporate/commercial law?
#Corporate #Commercial

Below are a few things to look out for on the corporate/commercial horizon. We’ve got the ICO taking data protection more seriously than ever before, the UK calling for transparency over who owns the businesses running our economy, and working towards a simpler, fairer way of trading with UK consumers. ...

Feb
09
2016

Upcoming requirements for PSC's
#Corporate

New laws relating to companies started to arrive in 2015 and will continue to arrive over the course of this year. Some will even have practical implications for your business at ground level, so all ears (or eyes) please......

Jan
11
2016

Getting the Skeletons out of the Closet: Disclosure Letters on Sales of Businesses and Companies
#Corporate

The general position for someone buying a business or a company is summed up by that dusty but succinct old phrase, “Caveat Emptor”, which the stern Victorian novelist, Trollope, once described as “the worst proverb that ever came from the dishonest stony-hearted Rome” (he had probably just bought something that didn’t work and found himself without effective comeback, as there was a distinct lack of consumer protection law in the 19th century). There is, essentially, no obligation on the seller to tell the buyer anything, and the buyer thus needs to “beware”....

Dec
10
2015

Clarkslegal acts for Eden Motor Group on its latest acquisitions  
#Clarkslegal #Corporate

Clarkslegal’s corporate team, led by Ashan Arif, recently advised Eden Automotive Investments Limited on its acquisition of Peugeot dealership....

Dec
08
2015

Further changes planned for rules on late payment of debts and challenging “grossly unfair” payment terms
#Corporate

The negative impact that late payment of debts has on small and medium sized businesses is well documented. In 2014, the Federation of Small Businesses carried out a survey that revealed that at least 51% of its members had suffered from late payments in the previous 12 months. ...

Oct
13
2015

Transfers of Personal Data from EU/EEA Countries
#Corporate #Commercial

On 6 October this year, the European Union’s judicial body, the Court of Justice (ECJ), ruled, in the case of Schrems v [Irish] Data Protection Commissioner, that the “Safe Harbour” agreement between the US and the EU, which has allowed personal data to be transferred legally between EU countries and the US for 15 years and which some 4,000 US companies currently rely on, is invalid. ...

Sep
17
2015

Clarkslegal's Corporate Team Acts for Fast Growing RIM Company
#Clarkslegal #Corporate

Clarkslegal Acts for EU Company, OASIS, in its Recent Acquisitions of Three UK-Based Data Storage Businesses....

Jul
07
2015

Unfair prejudice: what does it really mean to shareholders?
#Corporate

In assessing whether unfair prejudice has occurred, the courts will look at the facts objectively and, as a starting point, will examine the basis upon which the ‘aggrieved’ shareholder agreed to become a member of the company, i.e. looking at the articles of association and any formal agreements between the shareholders....

Page 5 of 7