During September 2020, the GC100, a forum for general counsel and company secretaries working in FTSE 100 companies, conducted a poll amongst its members seeking their views on hybrid and virtual general meetings and the limitations of the current format for AGMs.
Following this, a discussion paper was published on 28 January 2021 providing a company perspective on these issues.
The recent judgment in Travelport Ltd v Wex Inc [2020] EWHC 2670 (Comm) has provided guidance on how material adverse event clauses in share purchase agreements will be considered in the context of the pandemic.
In an effort to assist distressed companies during the ongoing Coronavirus pandemic, Wrongful Trading actions were temporarily suspended from March 2020 under section 12 of the Corporate Insolvency and Governance Act 2020 (CIGA) until 30 September 2020.
Mergers and acquisitions are now accepted as market practice to achieve corporate growth. There is often a lot of fanfare with M&A deals completing.
Restrictive covenants are an essential tool for retaining goodwill and value in any business that you are looking to acquire. This is particularly so where the seller is intrinsically linked to the business or has the skillset to immediately compete with the target business, and could therefore quickly diminish its value.
Law firm RWK Goodman has advised the shareholders and management team of data centre owner and operator Amito Ltd on its significant minority investment from Harwood Private Equity.
The long awaited, government-backed review into the UK’s fintech industry has warned that the UK risks falling behind in the global fintech race if its recommendations aren’t swiftly implemented.
Banking and financial services businesses have for many years monitored the work patterns and behaviours their staff. Since the coronavirus pandemic and the subsequent seismic shift in working patterns, we are now seeing an increasing number of employers monitoring their staff in their own homes.
Law firm RWK Goodman has advised investment company BGF on its investment as part of a multi-million-pound investment round for medical imaging company Caristo Diagnostics.
Mergers and acquisitions are often described as a marriage, bringing two companies together. However, the post-merger integration process is often an afterthought, which can cause a derailment in the integration process leading to a failure to deliver the true deal.
As any buyer who has been involved in an M&A transaction will know, some of the most important elements of the share purchase agreement are the warranties and the tax covenant.
We have advised Wolf Laundry Holdings Limited on its acquisition of the entire issued share capital of Brewer & Bunney Limited, as the laundry care group embarks on a period of growth and expansion.