The EU’s amended Shareholder Rights Directive came into force in June 2017, and will be rolled out across member states by 2019. It aims to tackle short-termism among investors. But what are the law’s key elements?
The European Court of Justice has published guidance on "gun-jumping", a failure by merging parties to comply with the “standstill obligation”, which requires companies to seek clearance by a competition authority before implementing a merger.
Measures to reduce the risk of major company failure through poor governance or stewardship, and to strengthen the responsibilities of directors of firms in or approaching insolvency, have been proposed by the UK government.