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Proxies: are your articles of association correct?

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.

Secured directors' loans - helping you to get your loan repaid

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

Use of electronic communications in company business

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

Wright Hassall reinforces position as top performer in the region

A leading Midlands law firm has reinforced its position amongst the industry’s top performers after appearing in a distinguished UK guide of legal firms.

Should housebuilders use Special Purpose Vehicles?

It’s not unusual for some housebuilders to use Special Purpose Vehicles (“SPV”) to acquire and then develop sites.

Persons with significant control and how to identify them

On 6 April 2016 Part 21A and Schedule 1A to the Companies Act 2006 (“CA 2006”) came into force.

Business life cycle: how to start a successful business

People start or buy, businesses for two main reasons: to do something they enjoy, and to make money. Most set off on their new journey full of optimism, seeing opportunities around every corner.

Fallout - a conference hosted by our dispute resolution team

Fallout - a conference hosted by our dispute resolution team team.

Transacting private company board meetings during lockdown

Coronavirus is causing untold difficulties and strain on the life of many businesses. As a result, boards of directors across the country are being asked many unexpected questions. Details of commercial contracts, employment and HR-related issues such as furlough, and the financing of a business are all high on the agenda.

Do directors have a duty to be “green”?

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”?