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Latest Legal News

Latest Legal News

The £1 Shopping Mall

The auction sale of the Postings Shopping Centre in Kirkcaldy has caught the eye of the media nationally and internationally.  With a reserve price of £1, there had been much speculation over what would happen when the Centre eventually went under the hammer.  Even the One Show got in on the act.

The auction took place this week with the final price reported as being £310,000. 

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Burness admin

Automated Vehicles – Navigating the Road to Regulatory Reform

The joint consultation by the Law Commission of England and Wales and the Scottish Law Commission on automated vehicles seeks views by 8th February 2019 on whether or not the UK’s current regulatory framework can cope with this new and ever-evolving technology, or whether reform is needed. Road traffic safety and regulation relies for the most part on the criminal law, which concentrates on the behaviour of the human driver. However, some offences may not be totally suitable for crimes involving driverless vehicles, and in some cases completely new offences will be needed.

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Burness admin

How does a Share Buyback work?

Why would a company buy back its own stock?

There are various reasons for wishing to dispose of shares held in a private limited company.  One method of disposing of shares occurs when the company itself offers to purchase the shares being offered for sale, effecting a buyback of those shares.  In multiple-owner private companies, a share buyback is often driven by the exit of one of the shareholders.

So, is share buyback a good thing? 

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ChrisA