2023 is looking like it will be a tough year, but some adaptable entrepreneurs and businesses are viewing the current economic climate as an opportunity. Planning strategic investments in the business and assets of distressed companies. Often these businesses have the potential to thrive but have been affected by circumstances outside their control.
The ‘General Director's Duties’ are still seen by many as the pillars of correct corporate governance. Codified in the Companies Act 2006, these duties apply to executive, non-executive, shadow directors and de-facto directo
It is well known that a high percentage of transactions or investments fail to meet their expected targets. Case studies suggest that this can most often be mitigated by a proper due diligence exercise.
Financial promotions are a complex area and is defined in Section 21 of the Financial Services and Markets Act 2000 (FSMA) as being 'an invitation or inducement to engage in investment activity, communicated by a person in the course of business.’ It applies to all forms of communication written or spoken, including whether they are made via social media or in print.
Directors need to be mindful of incurring personal liability where companies are distressed. This article provides an overview of some of the key areas where directors could incur personal liability when navigating their business through difficult times and stresses the importance of taking and following professional advice when faced with financial difficulties.
The last few days have seen the founders of the European Super League, the UEFA and others clash over the creation of a new football league.
Interest in Charitable Incorporation Organisations (CIO’s) has grown in recent months, we explain how these could be considered an appropriate structure for a reorganisation or setting up a new activity.
The Financial Reporting Council (FRC) has published its annual review of corporate governance reporting against its UK Corporate Governance Code (the Code). The Code, published in its current form in 2018, provides businesses with key corporate governance recommendations.
Last month the Government introduced the National Security and Investment Bill to the House of Commons for its first reading. The purpose of the Bill is to give the government further powers to scrutinise and, where necessary, intervene in certain business transactions if it believes national security concerns are present; this will include mergers and acquisitions.