Taylor Wessing

 

Recent cases and imminent changes in legislation

 

This update is intended to give you a brief summary (and reminder) of the recent changes and imminent changes to the law relevant to insolvency and restructuring scenarios and provides a summary of two recent cases.

 

Companies Act 2006

 

The sections of the Companies Act 2006 ("CA 2006") relating to the holding of meetings of shareholders and, in particular, consent to short notice was introduced in October 2006 and those relating to the passing of resolutions are due to be introduced in October 2008.

 

Copy of Bullet point - white space.gif

Consent to short notice for private companies

Copy of Bullet point - white space.gif Consent to short notice in public companies
Copy of Bullet point - white space.gif Changes to resolutions by companies
Copy of Bullet point - white space.gif Abolition of section 320 of the Companies Act 1985
Copy of Bullet point - white space.gif Acquisition by a limited company of its own shares - Financial assistance changes

 

Recent case law

 

Copy of Bullet point - white space.gif Day v Haine and another
Copy of Bullet point - white space.gif Dolphin Quays Developments Ltd v Mills and Others

 


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© Taylor Wessing LLP 2008
This publication is intended for general guidance only and no responsibility is accepted by Taylor Wessing LLP for any errors or omissions. The information in this publication should not be relied upon to replace professional advice on specific matters. Taylor Wessing LLP is a limited liability partnership registered in England and Wales, registered number 0C322935, with its registered office at Carmelite, 50 Victoria Embankment, Blackfriars, London EC4Y 0DX.
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