November 2012

27 November 2012 Some thoughts about the phoenix companies provisions Introduction When they were first introduced in 2007, sections 386A to F of the Companies Act 1993 were heralded as the solution to the problem of phoenix companies. A recent case about the application of the phoenix companies provisions adds to our knowledge about the […]

Lowball Offers 6 Nov6 November 2012 New regulations target low-ball share offers Introduction At the end of last week the Government announced the introduction of new regulations aimed at protecting the public against unsolicited (low-ball) offers for securities. The new regulations are made under the Securities Markets Act 1988 and come into force on 1