When a company is solvent, the primary duty imposed on directors is to promote the success of the company for the benefit of its shareholders. This duty is codified at section 172(1) of the Companies Act 2006. However, that position changes when a company is insolvent, or close to insolvency. In that latter instance, directors […]
When does time for making an application for permission to appeal begin? In circumstances where the time period for making such an application is a relatively limited 21 days, the importance of understanding the answer to this question cannot be understated. In McDonald v Rose, the Court of Appeal recently provided guidance on the procedure to be followed by parties wishing to seek permission to appeal.
The Facts The SFO had commenced a criminal investigation into KBR Ltd, concerning suspected offences of bribery and corruption. KBR Ltd is one of many subsidiaries of the US based KBR Inc., and ultimately forms part of the wider KBR Group. As part of its investigation, the SFO sought documents held both in and outside […]
In February 2018, the National Crime Agency (NCA) successfully obtained two Unexplained Wealth Orders (UWO) on properties in the UK – one in the exclusive Knightsbridge area of London and the second, a golf course in Berkshire, collectively worth £22 million. The first target of the UWOs challenged the UWOs on a variety of grounds […]
The legal content provided by Fladgate LLP is for information purposes only and should not be relied on in any specific case without legal or other professional advice.
Copyright is owned by Fladgate LLP and all rights in such copyright are reserved. Material is not to be reproduced in whole or in part without prior written consent.
Fladgate LLP is a limited liability partnership, registered in England and Wales with registered number OC334334. It is authorised and regulated by the Solicitors Regulation Authority, number 484783. The term partner is used to refer to a member of Fladgate LLP. A list of members is available at the registered office shown above.