Insights & News

SPACs post-Hill: a blank cheque to growth?

29 March 2021

Lord Hill published the “UK Listing Review” on 3 March 2021. This proposed 15 recommendations to the UK Listing regime. This article focuses on those which we all hope may result in a greater number of SPAC listings in London.

Expansion of HMRC’s “Time to Pay” Arrangements during the Covid-19 Outbreak

27 March 2020

Due to the immediate and stark effect that the Covid-19 outbreak is having on a lot of businesses, the Government has reminded everyone that it often reaches arrangements with businesses in financial distress for deferred payment of their tax liabilities. While this facility is not new, the Government expects the demands on the service to increase dramatically and is therefore scaling up its capacity to deal with new enquiries.

Financial support for larger firms: The COVID-19 Corporate Financing Facility

26 March 2020

The COVID-19 Corporate Financing Facility (CCFF) is a quick and cost-effective way to raise working capital for those large businesses which need it.

Types of directors: myths and common pitfalls

25 March 2020

Below we answer some of the most common questions and address frequent pitfalls in the often-confusing realm of company directors.

Brexit – the prospective changes in company law for private and overseas companies

05 February 2020

This article is to update you on, and explain the expected timing as to, the changes in company law for private and overseas companies to be brought about by the UK’s withdrawal from the EU. In practice, only companies with a connection to the EEA will be impacted and the action points for them will be fairly minimal.

Does your company use email for sending documents or information to shareholders?

22 January 2020

If so, do you have the necessary consents in place?

Brexit – the post Halloween picture as to the minor changes in company law for private and overseas companies

01 November 2019

Now that we didn’t leave the EU on 31 October 2019, this article is to update you on, and explain the timing as to, the few changes in company law for private and overseas companies, to be brought about by the UK’s withdrawal from the EU. In practice, only companies with a connection to the EEA will be impacted and the action points for them will be fairly minimal.

Can / should someone who is not a director be invited to join a committee of the board?

13 December 2018

Even if a company’s articles of association permit a committee of the board of directors of a company to comprise or include persons who are not directors, is it sensible for such a committee to be appointed? Are there benefits? This article explores this question.

The new 2018 QCA Corporate Governance Code for small & mid-size quoted companies

27 June 2018

The Quoted Companies Alliance, the independent membership organisation that champions the interests of small to mid-size quoted companies, has recently released its revised and updated QCA Corporate Governance Code 2018.

AIM becomes SME Growth Market – the implications for AIM companies

10 January 2018

AIM, the London Stock Exchange’s international market for smaller growing companies, was registered as an SME Growth Market on 3 January 2018.

People with Significant Control - AIM Companies brought within the PSC regime

12 July 2017

UK companies listed on AIM were previously exempt from the obligation to keep a register of people with significant control (PSCs), but recent changes mean they will have to have a register from 24 July 2017 onwards.

People with Significant Control - changes in force from Monday 26 June 2017

29 June 2017

With very little advance notice as to the detail, notable changes regarding the disclosure regime for people with significant control (PSCs) of UK companies and LLPs came into force on Monday 26 June 2017.

How to read an investment termsheet: Part 2 – The liquidation preference and waterfall

02 February 2017

David Willbe has written a piece for Startup Grind.

How to read an investment termsheet: Part 1 - The valuation

07 December 2016

David Willbe has written a piece for Startup Grind.