May 22, 2023 The Panel takes a look at Frustrating Action By Michael Scargill Alex Skelton On 15 May 2023, the UK Takeover Panel published a public consultation on proposed changes to the Takeover Code's Rule 21.1 (which...
May 15, 2023 FCA moves ahead with a single equity listing category By Michael Scargill On 3 May 2023, the FCA published its consultation CP23/10*** setting out revised "semi-final" proposals for its listing segments reform....
Apr 27, 2023 Are UK SPACs starting to unwind? By Michael Scargill An announcement made on 23 April 2023 by Hambro Perks Acquisition Company Ltd ("Hambro Perks") underlines the serious difficulties...
Apr 24, 2023 Insider Dealing criminal offences to be aligned with relevant UK MAR definitions By Michael Scargill On 20 April 2023, HM Treasury published a draft statutory instrument ("draft SI") that will amend Schedule 2 to the Criminal Justice Act...
Apr 06, 2023 The Panel finalises two further sets of Rule changes By Michael Scargill Gina Malone On 4 April, 2023, the Takeover Panel published Response Statements in relation to two consultations on Code rule changes that it issued...
Mar 27, 2023 FCA Primary Market Bulletin 44 By Michael Scargill Last week, the FCA issued its Primary Market Bulletin 44 ("PMB44") giving some guidance for listed companies preparing for their first...
Mar 24, 2023 Construction of articles and class rights - a recent case By Michael Scargill Earlier this month the High Court had to consider: how two particular provisions in articles of association operated together (or in...
Mar 15, 2023 New Targets to increase Ethnic Diversity on UK Boards, etc. By Michael Scargill On 13 March 2023, the UK's Parker Review on Ethnic Diversity on UK Boards (the “Review”) published an update report (the "2023 Update")...
Mar 08, 2023 Women Coming on Board in the UK By Michael Scargill On 28 February, 2023 the FTSE Women Leaders Review (the "Review") published its second report (the "2022 Report") on progress in the UK...
Feb 14, 2023 When is a guarantee not a guarantee? When it's an indemnity! By Michael Scargill In Holman Fenwick Willan LLP v Samady (2023) the High Court had to decide whether the words (contained in a payment plan agreed between a...
Jan 25, 2023 How "certain" must a director transaction be for shareholder approval to be required? By Michael Scargill Simon Burrows Maegen Morrison Nick Withers Paul Strecker Michael Mountain Karla Dudek +4 more... Show less The recent "summary judgment" litigation between MetalRNG plc and BriefENERGY Holdings LLP (and others) has provided some further clarity...
Jul 15, 2022 FCA Proposes Major Revamp of the UK Equity Listing Segments By Michael Scargill Phil Cheveley Maegen Morrison Nick Withers +1 more... Show less In its Discussion Paper 2022/2 (DP 22/2) published on 26 May 2022 the Financial Conduct Authority (FCA) has proposed some very...