bto solicitors - Corporate & Commercial Business Lawyers Glasgow Edinburgh Scotland

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BTO produces blogs on a regular basis.  Please search for the topics of interest to you.

41 articles found.

Page 1 of 9

Time to update your Articles of Association?

28 June 2019

All private limited companies must have their own Articles of Association, which set out the rights and duties of the directors and shareholders of the company. A company may have adopted “Model Articles” (previously known as “Table A” Articles) at incorporation, which may no longer be appropriate for the company in its day to day operation. We would like to draw your attention to some key areas where your company’s Articles of Association may require to be updated.

Corporate Governance

17 April 2019

Following up on previous articles regarding director’s duties, the Financial Reporting Council published in December 2018 the Wates Corporate Governance Principles for large private companies. The intention of these corporate governance principles is to enable those companies to measure themselves against these principles with a view to improving their corporate governance standards. This provides a framework for these companies to establish a solid footing in terms of their management and vision.

Review of Limited Partnership Law – Change is in the wind…

17 April 2019

Many will be aware of concerns in the press raising the profile of limited partnerships registered in Scotland being used for criminal activity. Such concerns are enhanced by a recent increase in the number of limited partnerships registered in Scotland when compared to those registered in England, Wales and Northern Ireland.

Parent Company Liability for Subsidiaries

16 April 2019

In considering risk management, an issue which often arises is whether a parent company may be held liable for the acts or omissions of a subsidiary. An English appeal case from 2018 provided useful guidance.

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