Spring Business Law Update 2011

   
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Business Law
In this issue:
Welcome to Philip Stephenson
Bribery Act 2010
Statements of Capital
Guarantees to support trade and other consequences of cautious trading
Ena Hunter Considers the UK Approach to Gold Plating
 


Business Law - Spring Update

Welcome to the Business Law Spring Update.  We are using this e-shot to:

  • welcome Philip Stephenson, our new Head of Company Commercial;
  • highlight the Bribery Act 2010 which is, we anticipate, shortly to come into force;
  • illustrate some of the issues which our clients are commonly facing in relating to their trading terms in this more cautious trading environment; and
  • discuss some interesting developments in law and policy.

If you would like to discuss any advice which you need, on a confidential and entirely no-obligation basis, please do not hesitate to telephone me or any of the team.

Regards

Mark Lucas
Partner
Company and Commercial Team

 

We are proud to announce a major hire with the appointment of Philip Stephenson as Head of Company Commercial.

 

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Mark Lucas reports on the new law.

Bribery has long been a criminal offence in this country. However, when the UK ratified the OECD Bribery Convention, the UK’s current law became unsatisfactory because it is inconsistent with that convention.

 

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Sonya Gillespie and Katherine Johnson of our company secretarial service report on developments in relation to statements of capital.

 

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Jonathan Steele comments

The credit-crunch, the recession and the wave of insolvencies over the past few years has created a far more cautious trading environment.

 

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To continue the theme of this Government avoiding “gold-plating”, Vince Cable announced in December principles for the Government to use when incorporating European laws into UK law.

 

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