Shareholder proposal rule
Welcome to the Corporate Briefing, where we review the latest developments in corporate law that you need to know about. In this month’s issue, we discuss...more
Key Trends: ◾ Since August 2021, AGMs where shareholders were actively encouraged not to attend have become less common. Most companies are instead holding their meetings with physical attendance neither actively...more
The current flexibilities offered in the Corporate Governance and Insolvency Act 2020 for holding general meetings are due to expire on 30 March 2021 and although the Government continues to pursue the opportunity to...more
As companies look to plan their FY 2020 annual report and prepare for the 2021 AGM season, we have reflected on our experience in 2020. We summarise below key learnings and what we think will undoubtedly be on the agenda and...more
On 20 March 2020, the UK Government published its Corporate Insolvency and Governance Bill (the "Bill") which amends certain aspects of current insolvency and governance legislation to provide businesses with the flexibility...more
In light of the UK government’s lockdown measures and the COVID-19 pandemic, there are key issues English public companies should consider for their annual general meetings (AGMs) while awaiting further legislation and...more
Since our last Client Alert on Practical considerations: the impact of COVID-19 on the holding of annual general meetings, the UK Government has issued its compulsory "Stay at Home Measures" prompting ICSA to issue...more
On 28 March the UK Government announced that it will introduce legislation to ensure that companies can hold Annual General Meetings (AGMs) safely. Legislation is currently being drafted but in the interim, the FRC and BEIS...more
On 28 March 2020, the Secretary of State for Business, Energy and Industrial Strategy (BEIS) announced key measures to protect companies and businesses facing major funding and operational difficulties in the current COVID-19...more
The Government’s announcement of new measures on 23 March 2020 requiring people to stay at home, except for very limited purposes, and to stay two metres away from other people has had an effect on the ability of public...more
The steps recommended by the Government to combat the effects of the Coronavirus ("COVID-19"), in particular the recommendation to avoid large public gatherings, are likely to have an impact on the format of annual general...more