Legal updates: September 2019

In this month’s legal updates, Sophie Brookes, partner at law firm Gateley plc, considers whether granting an indemnity is a substantial property transaction, the powers of a general meeting chair and whether an unenforceable restrictive covenant could be severed

Case: is granting an indemnity a ‘substantial property transaction’?

The Companies Act 2006 (CA 2006) requires certain transactions between a company and one of its directors (or a person connected with a director) to be subject to approval by the company’s shareholders.

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Case: is granting an indemnity a ‘substantial property transaction’?

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