A leading law firm based in the Midlands has announced seven promotions across the business, including promoting two new partners.

ASM Technologies has acquired Semcon Engineering UK Limited, which is based on Edgehill Drive in Warwick and is a division of Swedish company Semcon.

Litigation is expensive. In the absence of very deep pockets, or litigation insurance, there is the possibility of directors becoming personally liable for a company’s litigation costs if the company loses the action.

In November 2016 Greyfriars Asset Management LLP was hit with a section 166 notice from the Financial Conduct Authority (FCA) (section 166 of the Financial Services and Markets Act 2000, commonly referred to as a Skilled Persons Report).

The man who has just completed the multi-million-pound sale of his company to a global corporation believes the deal underlines the strength of the professional sector in Coventry and Warwickshire.

The duties of company directors are set out in the Companies Act 2006 and include the duties to promote the company’s success and to act with reasonable care, skill, and diligence. In carrying out these duties, directors must have regard - amongst other things - to the impact of the company's operations on the community and the environment, and the likely consequences of any decision in the long term. These, and other recent developments in the expectations of how directors should perform their duties, mean that promoting a company’s success includes paying due regard to the impact on the environment. However, do directors have a duty to be “green”?

Wright Hassall acted for the shareholders of London-based Intelligent Real Estate Due Diligence (IREDD) on the sale to national insurance broker Adler Fairways.

An important reform under the Companies Act 2006 (the ‘2006 Act’), which has managed to avoid the glare of publicity, is the right of members of a company limited by guarantee (usually not-for-profit organisations) to appoint a proxy, to attend, vote and also to speak at the company’s general meeting.

Do you intend to make a loan to a company? Would you like to increase the likelihood of that loan being repaid?

One of the key aspects of The Companies Act 2006 (which was finally implemented in 2009) was bringing methods of communication up to date.