I recently had the pleasure of attending the Keynote Seminar – hosted by Scotland Policy Conferences – entitled “Brexit and economic policy priorities for Scotland – investment, growth and international trade”. The seminar was well attended, with top solicitors, accountants, representatives of major businesses, trade organisations, senior university faculty members and politicians contributing to a comprehensive set of presentations and lively discussion thereafter.
There is no legal requirement for shareholders in a private limited company to have a Shareholders' Agreement. Shareholders in SMEs may therefore be inclined to save themselves the costs of putting such an Agreement in place. A Shareholders' Agreement can, however, be useful in anticipating challenging situations which shareholders may encounter and setting out how those situations are to be dealt with.
R (Miller & Anor) v Secretary of State for Exiting the European Union & Ors  EWHC 2768 (Admin). The High Court has ruled that the government cannot rely on the royal prerogative to give notice of the UK’s intention to withdraw from the European Union (EU) pursuant to Article 50 of the Treaty of the European Union (TEU) without recourse to parliamentary approval.