In Counsel Update - Winter 2017

Welcome to the Winter 2017 edition of our In Counsel publication.

In this update we will outline the most recent legal developments affecting your business, in particular, the Government's Green Paper on Corporate Governance Reform, the implied duty of good faith in commercial contracts and its impact on deferred consideration clauses in corporate sale and purchase agreements, and a recent High Court case on the question of whether, under the Duomatic principle, a company's articles of association could effectively be amended by the holders of 75% of its share capital. We also set out, among others, the new immigration rules requiring employers who sponsor overseas workers in the UK with a Tier 2 status to pay the Immigration Skills Charge starting from April of this year, analyse the recent rulings of British and EU courts on Nestlé's application to register the shape of its well-known four-fingered KIT-KAT bar as a trade mark, and provide an insight into the latest