Month: July 2020

The Securities Commission yesterday published guidelines on the conduct of directors of listed companies and their subsidiaries: see here (pdf). The Commission explains, in the accompanying press release, that the new guidelines “take into account the evolving Malaysian corporate governance landscape, lessons learnt from the [Commission’s] regulatory work in enforcing corporate governance breaches and the…

Judgment was delivered today by Beach J, sitting in the Federal Court, in Australian Securities and Investments Commission v Mitchell (No 2) [2020] FCA 1098: see here or here (pdf). I note the decision because of the important and lengthy discussion it contains (relative to other Commonwealth decisions) concerning the role, responsibilities and duties of…

Media Release Article source: /content/DisplayDoc.aspx?doc=media_releases/2020/51.htm

The Judicial Committee of the Privy Council delivered its opinion today in Ciban Management Corporation v Citco (BVI) Ltd & Anor (British Virgin Islands) [2020] UKPC 21: see here or here (pdf). The Board found, amongst other things, that the principle of informal, unanimous shareholder consent – often referred to as the Re Duomatic principle…

The Court of Appeal gave judgment yesterday in Houldsworth Village Management Company Ltd v Barton [2020] EWCA Civ 980, a case concerning the right given to each member of a company (and any other person) under section 116 of the Companies Act 2006 to inspect the company’s register of members and request a copy.  The…

Earlier this week the Court of Appeal gave judgment in Organic Grape Spirit Ltd v Nueva IQT, SL [2020] EWCA Civ 999, an important decision on the scope of a freezing order and the extent to which it permitted within “the ordinary and proper course of businesses” – or should be amended to permit –…

Media Release Article source: /content/DisplayDoc.aspx?doc=media_releases/2020/50.htm

The Supreme Court gave judgment today in Lehtimaki v Cooper [2020] UKSC 33: see here or here (pdf). A summary of the judgment is available here (pdf). The court held, amongst other things, that members of charitable companies owed fiduciary duties but, in contrast to the position adopted by the Court of Appeal, these did…

Asia Life Sciences; 07/29/2020(AN 146089565)Academic Search Complete Article source: https://search.ebscohost.com/login.aspx?direct=true&AuthType=sso&db=a9h&AN=146089565&site=ehost-live&custid=s2775460

Asia Life Sciences; 07/29/2020(AN 146089564)Academic Search Complete Article source: https://search.ebscohost.com/login.aspx?direct=true&AuthType=sso&db=a9h&AN=146089564&site=ehost-live&custid=s2775460