Blog Listing
Survival of the fittest – increase in corporate insolvencies announced
May
R3, the Association of Business Recovery Professionals, has recently announced that they have seen an increase in corporate insolvencies and liquidations of 0.2% on the previous quarter and 4.3% on the same period last year. Lee Manning, the president of R3, commented "this may seem like bad news...
Female board representation improves
Apr
Just over a year has passed since Lord Davies published his report which included a series of recommendations aimed at increasing the number of female directors in UK public companies. A recent study undertaken by Cranfield University indicates that since Lord Davies' report was published in...
Pre-pack reform on hold
Jan
Reforms to pre-packaged sales in insolvency (often referred to as pre-packs) have been put on hold, it was announced yesterday. In a written ministerial statement, delivered on 26th January , Ed Davey, the minister for the department for business innovation and skills, announced that planned...
Changes to Takeover Code seek to protect interests of target companies
Nov
In September, changes to the Takeover Code were implemented, which have significantly strengthened the position of companies that are subject to takeover interest. The position of such target companies was called into question following the recent takeover of Cadbury by Kraft. Kraft initially...
1 – 0 to common sense: government ‘transparency’ plans involving pre-pack administrations have been stalled until 2012
Aug
Government plans to "improve transparency and confidence in pre-pack administrations” have been successfully halted. Although this may sound counter-intuitive, it is not the policy which anti-reform proponents are against, it is the damaging methods proposed by Edward Davey (Minister for...
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