Taylor Wessing

Dear Beverley

 

The Companies Act:  Major changes Bank and Insolvency professionals should know

The Companies Act 2006 is reported to be the largest single piece of legislation passed in the UK.  Sifted from its 1,300 significant sections and 16 schedules, the links below provide brief snapshots of some key changes that will be relevant in restructuring and insolvency situations. 

 

Please click on the links below:

 

Directors' General Duties

Transactions with Directors

Resolutions and Meetings

Liquidation Expenses
Transfer of Non-Cash Assets
Reductions of Share Capital
Dissolution / Restoration of Companies

 

Taylor Wessing has produced the attached brochures as more detailed guides to those changes taking place on 1 October 2007: 

 

Companies Act 2006 - Headline changes
Companies Act 2006 - Guide to the October 2007 changes
Companies Act 2006 - Directors' duties

 

Further guides to the changes taking place next year will be available nearer the relevant dates.

 


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© Taylor Wessing LLP 2007
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