Insights & News

Social distancing and the use of electronic signatures

25 March 2020

With 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.

Types of directors: myths and common pitfalls

25 March 2020

Below we answer some of the most common questions and address frequent pitfalls in the often-confusing realm of company directors.

Effect of Coronavirus on financial reporting

18 March 2020

The Financial Reporting Council (FRC) has published fresh guidance on issues arising from the Covid-19 pandemic.

Brexit – the prospective changes in company law for private and overseas companies

05 February 2020

This 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.

Does your company use email for sending documents or information to shareholders?

22 January 2020

If so, do you have the necessary consents in place?

Brexit – the post Halloween picture as to the minor changes in company law for private and overseas companies

01 November 2019

Now 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.

Mark Lim writes for Accountancy Age: Insolvency of LLPs – liability and risk for partners

Press

07 June 2019

In an article for Accountancy Age, Mark Lim outlines what partners need to know in the event of an LLP’s insolvency.

Keeping accurate records or disqualification and potential prison time? Surely an easy choice!

24 April 2019

Evidently not for some…

Out of court appointments of administrators: a return to reason

13 November 2018

When appointing administrators out of court, there is requirement to specify the date and time the appointment is made. This is a development arising since April 2017 as a result of the Insolvency Rules 2016 coming into force. Given that appointments are generally effective at the point of filing, it has been unclear how (absent a crystal ball) practitioners should address the requirement when preparing the Notice of Appointment form. A recent High Court decision resolves the issue, confirming that a notice making reference to a future filing is acceptable.

Corporate Governance and Insolvency reforms

25 October 2018

The UK Government is implementing measures to strengthen corporate governance and insolvency laws. The aim is to increase accountability, improve creditor protection and promote company rescue. This note comments on a selection of the proposals which were published at the end of the summer.

Liquidator loses protection of a freezing order following serious failings at earlier ex parte hearing

14 May 2018

In Banca Turco Romana S.A. (in liquidation) v Cortuk and Others, the Commercial Court in London has underlined the need for applicants to give full and frank disclosure when seeking relief at ex parte (without notice) hearings.