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Corporate weekly highlights—1 August 2019

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Published on: 01 August 2019

Published by a LexisNexis Corporate expert

Table of contents

Brexit
Can Parliament prevent a no-deal Brexit?
No-deal Brexit planning—a matter of urgency
FCA extends its temporary power to make transitional arrangement in the event of a no-deal Brexit to December 2020
Amended FRC eligibility criteria
Share capital
When are directors liable for distributions?—(Burnden Holdings (UK) Limited (in liquidation) v Fielding)
Equity capital markets
FCA final notices for Cathay International and executives for listing, disclosure and transparency breaches
AFME publishes updated EEA and UK selling restrictions for equity transactions

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Article summary

This week’s edition of Corporate highlights includes analysis of a High Court judgment which provides guidance as to when directors may be liable for the payment of an unlawful dividend and news of all the latest Brexit developments, as well as notification of newly published Corporate content (a new short form share purchase agreement precedent for individual sellers, two new Practice Notes on warranty and indemnity insurance, and a Prospectus Regulation Rules tracker).

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