Archive for the 'accounts' Category

Legal fees to be squeezed under new accounting rules – The Times

“Commercial lawyers already under pressure to reduce fees as the market worsens are facing a new challenge with the introduction of new accounting rules governing M&A transactions.”

Full story

The Times, 20th November 2008

Source: www.timesonline.co.uk

Watchdog to investigate XL auditors – The Guardian

“The auditors of the collapsed tour operator XL Leisure are to be investigated by the profession’s disciplinary watchdog after a request from Britain’s largest accountancy institute.”

Full story

The Guardian, 16th October 2008

Source: www.guardian.co.uk

Oxford Legal Group Ltd v Sibbasbridge Services plc and Another – Times Law Reports

Oxford Legal Group Ltd v Sibbasbridge Services plc and Another

Court of Appeal

“The court could refuse to enforce the right to inspect a company’s accounts, not only where the purpose for which the inspection was sought was to injure the company, but also where the purpose was improper.”

The Times, 15th May 2008

Source: www.timesonline.co.uk

Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.

The Oxford Legal Group Ltd v Sibbasbridge Services Plc and Another – WLR Daily

The Oxford Legal Group Ltd v Sibbasbridge Services Plc and Another [2008] EWCA Civ 387; [2008] WLR (D) 121

“The court would refuse to enforce the right of a director to inspect a company’s accounts pursuant to s 222 of the Companies Act 1985 where the purpose of the proposed inspection was to injure the company or was improper.”

WLR Daily, 21st April 2008

Source: www.lawreports.co.uk

Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.


 

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