Legal expert Melanie Wadsworth uses the example of one of the UK’s oldest construction companies to examine what family businesses should consider if looking to float and how it is possible to maintain unique family business characteristics whilst still answering to shareholders.
European bank share prices have been under significant pressure, with weak investor sentiment being accentuated by the Bank of Japan’s decision to apply negative interest rates on excess reserves.
By Edward Craft
Should a FTSE 100 company like Sports Direct grant personal favours from the boardroom to controlling shareholder Mike Ashley
In the latest in our new series of legal features, Russell Hallam, managing partner at Turbervilles Solicitors, writes about the importance of safeguarding one’s business and finances should adversity strike.
By Mark Edge
Mark Edge, UK country manager at Brainloop, talks about the implications of boards embracing digitalisation, and the ways in which this can be achieved.
By David Craik
It said that the board and shareholders of Jack Wills had decided not to pursue an IPO after “a detailed review of growth opportunities”, and that current boss Wendy Becker had decided to step down as a result.
Discount retailer Sports Direct has appointed Matt Pearson as an interim finance chief, following ongoing discontent among shareholders. He will also join the board.
High street retailer Marks & Spencer has reported its first rise in profit for four years, with underlying profit before tax rising 6.1 per cent to £661.2m – described by CEO Marc Bolland as “good progress”.
The recent Supreme Court judgment in the case of Jetivia SA v Bilta confirmed that where a company is a victim of a fraud or dishonest act committed by its directors, the directors are not able to attribute their unlawful conduct to the company.
Google is not afraid to lure in top executive talent, as was shown by the hefty $70m the company paid Morgan Stanley’s CFO Ruth Porat – enticing her to defect from her job in New York. Keen to secure “Wall Street’s most powerful woman” the company offered Porat stock valued at $25m. But what is the company’s true intentions
