The following Corporate news provides comprehensive and up to date legal information on Corporate weekly highlights—17 April 2025
Sub-division and consolidation of sharesCoronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, some Companies House filing and other...
A company’s constitutionWhat is a company's constitution?A company’s 'constitution' is defined under the Companies Act 2006 (CA 2006) as...
Removal of a directorThis note should be read in conjunction with Practice Note: Appointment, retirement and resignation of a director.For an...
Takeover Code—Rule 34—Right of withdrawalThis Resource Note outlines the main provisions of Rule 34 of The City Code on Takeovers and Mergers (Code),...
Voluntary, partial and tender offersThere are two principal ways for an offeror to implement a public takeover of an English company:•an offeror may make a takeover offer to shareholders of the offeree for all the shares in its equity share capital (or for a class of its shares), as described in
Takeover Code—Rule 3—Independent adviceThis Resource Note outlines the main provisions of Rule 3 of The City Code on Takeovers and Mergers (Code), which deals with the requirement for the board of the offeree (and in certain circumstances the offeror) to obtain competent independent advice on the
Takeover Code—Rule 21—Restrictions on frustrating actionThis Resource Note outlines the main provisions of Rule 21 of The City Code on Takeovers and Mergers (Code), which deals with the restrictions on an offeror taking frustrating action in relation to an offer and entering into inducement fee and
Acting in concertSTOP PRESS—Impact of the Retained EU Law (Revocation and Reform) Act 2023: This document contains references to retained EU law (REUL) and associated terms introduced by the European Union (Withdrawal) Act 2018 in connection with Brexit. From 1 January 2024, REUL that remains in
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