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Company Law
Lack of definition on director liabilities in Company Law Reform will lead to slew of speculative litigation 09.05.06 Financial Times, Company Law
Russian Governance
LSE CEO Furse has written to Putin to support hedge fund Hermitage Capital chief Bill Browder in governance campaign, warning on future listings, F&C has queried FSA on global governance Guardian Browder, Russia's biggest portfolio investor, stalwart governance campaigner Financial Times Putin says it is 'double standard' 28.04.06 Financial Times, Capital Markets, Energy Law, Hedge Fund Regulation, World Trade, Yukos
Better Regulation
Govt plans for new bill on business regulation beaks down in disarray, 'hysterical' critics claimed end of Welsh assembly and trial by jury, but even moderates disliked apparent end of ministerial responsibility 13.04.06 Financial Times, Business Regulation
Governance
Standard Life likely to keep chair Sir Brian Stewart when it de-mutualises, despite that he is chair of existing FTSE 100 member Scottish & Newcastle Telegraph BP's Browne criticised for intention to recommend successor 10.04.06 Telegraph, Capital Markets
Lobby Law
UK lobbyists paid by big business, entangled with politicians, lobbyists for drinks, pharmaceuticals and other industries regularly write reports for 'independent' all-party groups of MPs 13.01.06 Times, Abramoff, Corruption
Crucible Extradition
Extraditing former Morgan Crucible CEO Ian Norris to US is unjust and unlawful, argues Alun Jones QC, as arrangements 'imbalanced, inconsistent and lacked reciprocity' 13.01.06 Telegraph, Extradition
Blackballing
SEC is investigating Altera over blackballing of analysts sceptical of their earnings story, suggesting new boss Christopher Cox unhappy with practice 23.09.05 NY Times, Capital Markets Links
Governance Suits
Irwin Mitchell partner Alan Owen warns pension trustees they will be sued by their members if the fail to reap benefits of shareholder class actions targeted at poor management in US companies 20.09.05 Times, Capital Markets Links, Pension Links
Tyco Execs Jailed
Ex Tyco CEO L. Dennis Kozlowski sentenced to 8 - 25 years in prison, convicted of expropriating $150m and ordered to pay $167m in restitution, CFO Mark H. Swartz also jailed 20.09.05 NY Times
Company Law
Deloitte criticise company law reform, say penalties on directors approving defective accounts too onerous, makes auditor relationships too legalistic, raising compliance costs 13.09.05 Credit Management, Deloitte Company Law Consultation, Deloitte Appendix to Responses, Company Law Links