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Monthly Archives: May 2012

Residential Tenancy Deposit Scheme Changes

On 6 April 2012, section 184 of the Localism Act 2011 came into force. The section amends section 213 to 215 of the Housing Act 2004 and provides the following: The period in which a landlord must protect a deposit by paying it into a scheme and give prescribed information to the tenant in accordance with […]

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Corruption and Bribery Conviction

A company director has just been convicted of corruption in respect of a potato supply contract worth £40 million a year. He will be sentenced next month along with a Sainsbury’s Food Buyer and a company Accounts Manager who had both previously pleaded guilty to corruption. The corruption involved the Sainsbury’s Food Buyer receiving benefits […]

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Plus Closing Down

On 14th May 2012, PLUS Markets Group, London’s exchange for smaller companies, announced that it would be winding down its operations and closing, after failing to find a buyer or secure fresh financing. Companies seeking to transfer from PLUS should consider applying to AIM or GXG Markets. If you would like to take this forward, […]

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Alliance of Business Lawyers in Mumbai

Druces LLP was represented at the recent ABL (Alliance of Business Lawyers) conference in Mumbai. ABL is an international network of business lawyers across Europe, North America, South America, North Africa, the Middle East and Asia. The conference was hosted by Mumbai ABL member, law firm Dave & Girish & Co supported by ABL member […]

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