Management time claims | Brodies

Legal Briefing

Business being what it is today, it always carries the risk of contracts not being fulfilled. As a result, directors and key staff are often drawn into managing and remedying issues arising out of contractual breaches or delictual situations. Given that this can result in key personnel being distracted from their strategic and, ultimately, business …

High Court orders rescission of share purchase agreement for failure to communicate termination of customer contract | Edwards Wildman Palmer UK LLP

Legal Briefing

It is not often that a share sale of a business will be reversed so as to put the parties back to their pre-contractual position. However, when it can be shown that the buyer has been induced by a fraudulent misrepresentation on behalf of the seller, in some narrow circumstances, a court will uphold a …

Multi-purpose investment companies | Boekel

Legal Briefing

The market for multi-purpose investment vehicles in the Netherlands is well established and developed. This article sets out the key regulatory and civil law drivers in structuring multi-purpose investment vehicles.

Breach of fiduciary duties: director digs hole for himself | Macfarlanes

Legal Briefing

The recent decision of the Court of Appeal (on 28 July 2011) in the case of Philip Towers v Premier Waste Management Ltd[2011] sends out a strong message to company directors that the courts will strictly enforce their fiduciary duties. In this case, the defendant director was required to account for undisclosed personal benefits, which …