The Business Show 2016

As part of their drive to develop and build on its growing Business Services Department, Gregory Abrams Davidson LLP took a stand at The Business Show 2016 on 11th and 12th May at the Excel Arena in London. The firm was represented on both days by Jonathan Abrams, Partner and Head of Corporate Law Services, Read More …

Ban on Corporate Directors

At present, UK companies are permitted to have corporate directors – that is, one or more legal persons (such as a company or limited liability partnership) who are directors – so long as one director is a natural person (i.e. an individual). This is to change later this year, as part of the Government’s drive Read More …

Brand Protection: Defamation

THIS ARTICLE WAS ORIGINALLY PUBLISHED IN THE MARCH QUARTER EDITION OF THE CHAMBER OF COMMERCE MAGAZINE Defamation is a publication to a third party of an untrue statement against a reputation exposing the claimant to hatred, contempt or ridicule in the eyes of right thinking members of society. It is governed by common law and Read More …

BE PREPARED! DISCLOSURE REQUIREMENTS EXTENDED TO PEOPLE WITH SIGNIFICANT CONTROL

Be warned – UK and EU Company Disclosure Requirements Are Changing! PSC Register – People With Significant Control From 6 April 2016, the majority of UK companies and LLPs will be required to maintain a register of “people with significant control”. Who is a person with significant control (PSC)? A PSC is an individual (or Read More …

Business and Company Sales – Warranties and Indemnities

THIS ARTICLE WAS ORIGINALLY PUBLISHED IN THE SEPTEMBER QUARTER EDITION OF THE CHAMBER OF COMMERCE MAGAZINE In business and company sales, Warranties and Indemnities are ways of reallocating risk between sellers and buyers. “Caveat Emptor” (“buyer beware”) in English law means that generally buyers lack protection. Buyers may seek warranty and indemnity protection while sellers Read More …

M&A Update: Financial Assistance in Corporate Transactions

Using the target to assist with the financing of an acquisition Prior to the Companies Act 2006, “Financial assistance” i.e. a target company using its own funds to purchase its own shares, was prohibited in both public and private company mergers and acquisitions, unless a “whitewash” procedure followed. In order to carry out the whitewash procedure a Read More …

UK Mergers and Acquisitions – Takeover Panel Changes

Attached is an article I had published on LexisNexis on the recent Takeover Panel changes and how they will affect Mergers and Acquisitions of Public Companies – Has MA Overhaul Levelled the Playing Field? If you require assistance or have any questions about Mergers, Acquisitions or Disposals of either Public or Private Companies, please don’t hesitate to contact Read More …

Trademark Hijackings, Part Deux

Internet Sales On 22nd September 2011 the Court of Justice of the EU reached its long awaited decision in the Interflora v Marks & Spencer case. Interflora sued M&S for buying “Interflora-themed” Google Adwords (see previous blog entry entitled “Trademark Hijackings” on the use of Trade Marks as Search/Adwords terms) such that when customers searched “interflora” Read More …

Bribery Act – Prosecution #1

Bribery Act 2010 The first prosecution under the Bribery Act 2010 which came into force earlier in 2011 is of a court clerk, Mr Patel at a county court in Essex. The CPS said “It is alleged that Patel promised an individual summonsed for a motoring offence that he could influence the course of criminal Read More …