Author Description

This new looseleaf provides a detailed guide to the impact that the long-awaited Company Law Reform Act will have on company law and practice when it finally becomes law.The Act promises the most fundamental change to company law in the last 20 years reforming many aspects of the legislation including much debated areas such as director's duties and financial assistance. This new looseleaf covers the new law and the surviving parts of the existing regime by way of a section-by-section commentary which highlights the developments in the law and provides guidance on the impact of these changes.The commentary and legislation is organized according to topic and then in reverse chronological order according to statute under each subject area ensuring easy access to answers on particular issues. Full cross referencing is included from repealed sections to the commentary in the replacing sections and detailed notes are provided on amendments to the legislation under each section. As the law develops all substantive regulations will be included with relevant commentary. Additionally derivation/destination tables will assist readers with tracking the development of the legislation and allow ease of navigation around the new regime.Practitioners and academics alike will need this new work, written from the perspective of the new legislation and providing a complete picture of the complex new regime. Drawing on committee reports and Hansard to shed light on interpretation of the new legislation, this work will fast become the new authority on company law.