IIG Capital llc v Van der Merwe – Times Law Reports

Posted June 25th, 2008 in company law, guarantees, law reports by sally

IIG Capital llc v Van der Merwe

Court of Appeal

“Where shareholders of a company over which they had complete control borrowed money for the business, the question whether they guaranteed to repay the loan as principal or as secondary obligors had to be assessed in that context.”

The Times, 25th June 2008

Source: www.timesonline.co.uk

Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.

EAT explains when company owners are employees – OUT-LAW.com

Posted March 6th, 2008 in company law, employment, news by sally

“The owners or controllers of a business can also enjoy protection as employees. The conditions that must be satisfied before such protection exists have now been clarified in a new ruling from the Employment Appeal Tribunal (EAT).”

Full story

OUT-LAW.com, 5th March 2008

Source: www.out-law.com

Government postpones company law reforms until October 2009 – OUT-LAW.com

Posted November 9th, 2007 in company law, news by sally

“The date when significant parts of the Companies Act come into force has been put back a year. It will now be 1st October 2009 instead of 1st October 2008, according to the UK Government.”

Full story

OUT-LAW.com, 7th November 2007

Source: www.out-law.com

Government delays Companies Act – The Times

Posted November 8th, 2007 in company law, news by sally

“The Government has delayed the introduction of some of the remaining provisions of the Companies Act 2006, a wide-ranging overhaul of UK company law, it was announced today (7 November).”

Full story

The Times, 7th November 2007

Source: www.timesonline.co.uk

Investor protest as ‘simplified’ company law prevents free votes at AGM – The Times

Posted November 6th, 2007 in company law, news by sally

“Britain’s biggest investors have written to the Government to demand changes to the new Companies Act, which they say prevents them from taking action over unsatisfactory behaviour by businesses.”

Full story

The Times, 6th November 2007

Source: www.timesonline.co.uk

The Companies Act: the longest piece of legislation ever – The Times

Posted September 26th, 2007 in company law, news by sally

“The Government’s aim is to simplify company law and make it easier to understand, especially for small businesses – yet it is the longest piece of legislation passed by Parliament since it was established by Oliver Cromwell in the 17th century. Eight years in the making, the Act runs to 1,300 sections and 701 pages.”

Full story

The Times, 25th September 2007

Source: www.timesonline.co.uk

The Companies Act: timetable for introduction – The Times

Posted September 25th, 2007 in company law, special report by sally

“A number of parts of the Act are already in force. Put on the statute book on November 8, 2006, it is being introduced in stages over two years. The Government intends that it will be fully in force by October 2008.”

Full story

The Times, 25th September 2007

Source: www.timesonline.co.uk

Companies Act under threat from European Commission – OUT-LAW.com

Posted July 13th, 2007 in company law, EC law, news by sally

“The European Commission has proposed simplifying the law governing businesses in Europe just months after large parts of the UK’s new Companies Act came into force.”

Full story 

OUT-LAW.com, 12th July 2007

Source: www.out-law.com

Companies Act 2006 – Derivative Claims – Ministry of Justice

Posted June 8th, 2007 in civil procedure rules, company law, consultations by sally

“The Companies Act 2006 (“the Act”), which received Royal Assent on 8 November 2006, has, amongst other things, made changes to the substantive law on derivative claims. In order to support the changes it has been necessary to amend the rules of court.”

Companes Act 2006 – derivative claims

Source: www.justice.gov.uk

DTI: we need more legal input into Companies Act – Legal Week

Posted May 17th, 2007 in company law, legal profession, news by sally

“The Government has sounded a last-minute rallying call to lawyers in the UK in the bid to encourage the legal profession to engage with its consultation on the Companies Act.”

Full story

Legal Week, 17th May 2007

Source: www.legalweek.com