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10 January 2008
Issue: 7304 / Categories: Legal News , Company , Banking , Commercial
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SAVVY SCHEME

Commercial

The number of public company takeovers conducted as schemes of arrangement has more than trebled in the last five years—saving bidders a fortune in stamp duty, says City law firm Trowers & Hamlins. Last year, according to the Takeover Panel, of a total of 144 bids subject to the Takeover Code, 33% (48) were schemes of arrangement. This compares to 10% in 2002. Trowers & Hamlins partner, Andrew Watkins, says such a scheme is attractive to bidders since only 75% of shareholders (by value) and a simple majority (in number) have to agree for the bidder to take 100% control of the company.

Issue: 7304 / Categories: Legal News , Company , Banking , Commercial
printer mail-details

MOVERS & SHAKERS

DAC Beachcroft—Paul Brehony

DAC Beachcroft—Paul Brehony

Commercial disputes practice expands with partner hire in London

Ward Hadaway—Maria Coster

Ward Hadaway—Maria Coster

Partner appointed to lead family and matrimonial department in Leeds

Slater Heelis—Helen Marsh

Slater Heelis—Helen Marsh

Commercial property team expands in Manchester with partner appointment

NEWS
SRM Recruitment has been announced as the headline sponsor of the Law Society RFC Festival of Sport 2026, which will take place on 20 September at Richmond Athletic Association. The specialist legal search firm joins the event as organisers prepare to welcome more than 110 teams across five sports, including rugby sevens, netball and five-a-side football
The civil justice landscape could be heading for a shake-up, with reform of the Solicitors Act 1974 gathering pace
Global mobility is transforming family law, creating new challenges around jurisdiction, assets and child arrangements
A series of procedural developments could have significant practical consequences for litigators. Writing in NLJ this week, columnist Stephen Gold highlights important updates ranging from digital court reforms to family procedure and admissions of liability
As family structures evolve, the law may face difficult questions about inheritance rights for those in polyamorous relationships
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