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Lewis Silkin has advised new client Artelia Group on its acquisition of quantity surveying practice Austin Newport Group
26 March 2020Lewis Silkin has advised new client Artelia Group, an international, multidisciplinary consultancy, engineering and project management group, on its acquisition of Austin Newport Group, specialised in chartered quantity surveying, project management contracting and recovery of damaged historic buildings.
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Reviewing your existing financing arrangements in light of COVID-19: FAQs
26 March 2020Many of our clients are concerned about the effect of the current economic climate on the financial health of their businesses. We recommend that companies should consider reviewing their existing financing documents to identify any risks of potential defaults occurring and to decide how best to proceed. We have put together the following guide to help answer the most frequently asked questions we receive on this topic.
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Social distancing and the use of electronic signatures
25 March 2020With vast numbers of people now working from home due to COVID-19 restrictions, finding more convenient methods of making binding transactions which are recorded in writing has become a priority.
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Types of directors: myths and common pitfalls
25 March 2020Below we answer some of the most common questions and address frequent pitfalls in the often-confusing realm of company directors.
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Effect of Coronavirus on financial reporting
18 March 2020The Financial Reporting Council (FRC) has published fresh guidance on issues arising from the Covid-19 pandemic.
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Brexit – the prospective changes in company law for private and overseas companies
05 February 2020This article is to update you on, and explain the expected timing as to, the changes in company law for private and overseas companies to be brought about by the UK’s withdrawal from the EU. In practice, only companies with a connection to the EEA will be impacted and the action points for them will be fairly minimal.
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Apply to extend your accounts filing deadline, and avoid late filing penalty. Companies House - New Service.
22 January 2020You can use this new service to apply for more time to file your company’s annual accounts with Companies House.
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Does your company use email for sending documents or information to shareholders?
22 January 2020If so, do you have the necessary consents in place?
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Champagne at Tiffany’s!
04 December 2019Apologies for the terrible pun, “Breakfast at Tiffany’s” didn’t sound appropriate for the soon-to-be owner. It has been announced last week that LVMH has agreed a deal to acquire Tiffany & Co. at a valuation of $16.6bn. And just before the Christmas rush of “acquisitions” of perfectly wrapped turquoise boxes!
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Corporate Update - November 2019
12 November 2019Welcome to our November 2019 Corporate Update which brings you news and our views on law and practice for corporates and their owners and managers.
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Brexit – the post Halloween picture as to the minor changes in company law for private and overseas companies
01 November 2019Now that we didn’t leave the EU on 31 October 2019, this article is to update you on, and explain the timing as to, the few changes in company law for private and overseas companies, to be brought about by the UK’s withdrawal from the EU. In practice, only companies with a connection to the EEA will be impacted and the action points for them will be fairly minimal.
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Law Commission confirms legality of electronic signatures
19 September 2019Following consultation, the Law Commission has published its report on the electronic execution of documents and confirmed that, “An electronic signature is capable in law of being used to execute a document (including a deed) provided that (i) the person signing intends to authenticate the document and (ii) any formalities relating to execution of that document are satisfied.”
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Nottingham Forest FC loses High Court claims following club’s sale but plans appeal
06 August 2019The High Court has dismissed claims arising out of the sale of Nottingham Forest Football Club (“the club”) for breaches of indemnities in the share purchase agreement (“the SPA”) and for the alleged misrepresentation of the club’s liabilities.
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Parent company’s limited liability. Not quite so limited?
11 July 2019It is a basic principle of company law that the liability of a shareholder of a limited company is limited to the amount unpaid on the shares it holds in that company. Right? That’s why it’s called a limited company? This is generally true. However, in some cases, a parent company can be considered to have assumed responsibility for the negligent acts of its subsidiary.
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Unreasonable non-compete clause could be rescued by severance
03 July 2019The Supreme Court (“SC”) has given a landmark judgment about the limits of post-termination restrictions (“PTRs”) in employment contracts. It ruled that although a six-month non-compete clause went too far by restricting an employee from holding a minority shareholding in a competing business, the employer could still enforce the key part of the clause.
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Contract interpretation: a helpful recap by the Court of Appeal
03 July 2019At the end of March 2019, the Court of Appeal handed down a decision which provided a helpful reminder of the modern approach to interpreting contracts.
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Fail to cooperate at your peril! Court finds that contracting party’s conduct was a repudiatory breach of an implied duty to cooperate
04 June 2019In a recent case, the court implied a duty to cooperate where close collaboration between the parties was required to perform the contract. The Court also found that one party’s failure to cooperate was a repudiatory breach that the counterparty could rely on in treating the contract as terminated.
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Contract law update: Recent developments and practical tips
03 May 2019On 2 May 2019, Mark Lim, Sohrab Daneshku and Nigel Enticknap from our commercial dispute resolution practice group hosted a seminar discussing provisions that commonly feature in commercial contracts. Whilst important, these terms may enjoy limited attention during negotiations. We covered recent case law, offered tips on how to interpret key clauses and discussed how to avoid common pitfalls. Below is a summary of some of the key points.
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Keeping accurate records or disqualification and potential prison time? Surely an easy choice!
24 April 2019Evidently not for some…