Mon 08 Feb 2021
Article
The Supreme Court has confirmed that directors cannot rely solely on a genuine belief that they are acting in a company's best interests if their conduct is disloyal or deceptive. The decision emphasises the importance of transparency, collective board decision-making and a director's duty to act in good faith when exercising their powers.
Article
The Act introduces clearer rules on how binding contracts are formed and the remedies available on breach, largely codifying existing common‑law principles. It provides greater certainty while allowing flexibility for parties to contract out of the default rules where appropriate.
Article
After a period of economic uncertainty, signs of recovery are emerging in the Scottish M&A market. While challenges such as inflation and slow growth persist, rising deal values and increased outbound activity suggest cautious optimism for 2026.