A range of precedents including 15 versions of the share purchase agreement. They’re supported with a suite of additional clauses to cover off different transaction structures.
Guidance with key actions for shares you’ve issued or allotted to stakeholders. Practice Notes and Q&As take you through procedures needed by statute, analyse developments in case law, and tackle tricky technical points.
Weekly highlights newsletter feature the latest key news stories by topic. It’s supplemented by a horizon-scanning document, looking at key developments affecting corporate lawyers in the months ahead.
One day you might be advising an entrepreneur on a new start up. Another you’re facilitating a fundraising on the financial markets. Whatever the challenge, Lexis+ Corporate is the place to start.
The UK government has launched a consultation on proposed changes to the National Security and Investment Act 2021 (Notifiable Acquisition)...
This week's edition of Corporate weekly highlights includes: a new Market Standards Trend Report on trends in sustainability disclosures in corporate...
In response to the commencement of the Global Irregular Migration and Trafficking in Persons Sanctions Regulations 2025, SI 2025/902, OFSI has...
The Takeover Panel has published its 2024–25 Annual Report, providing an overview of the Panel’s activities and those of its various committees over...
Tax analysis: On Legislation Day, 21 July 2025, the government published draft provisions for inclusion in Finance Bill 2026 (FB 2026, also known as...
Mandatory environmental reporting and disclosureCompanies operating in the UK may be required to report on environmental matters in accordance...
Voluntary environmental, social and corporate governance (ESG) reportingTrend towards environmental, social governance or sustainability reportingThe...
Stamp duty and SDRT on the sale of certificated registered UK sharesFORTHCOMING CHANGE relating to the modernisation of stamp taxes on shares...
MLD5 and UK implementation—key provisions for financial services firms—one minute guideAdoption of MLD5 and implementation in the UKThe Fifth Money...
Counter-proliferation financing—CPF—the basicsUNDER REVIEW: On 17 July, HM Treasury published the National risk assessment (NRA) of money laundering...
Written statement for employee shareholder shares [Archived]Archived: The ability to offer tax-favoured employee shareholder shares or ESS (commonly...
Growth shares term sheet[INSERT NAME OF COMPANY]growth SHARESThis term sheet summarises a proposal to incentivise key employees of [insert name of...
Subscription agreement for growth sharesThis Agreement is made on [insert date of execution of the share option agreement]Parties1[insert name of...
Declaration of trust for the transfer of sharesFORTHCOMING CHANGE: Following the call for evidence in 2020, the resulting outcome published in 2021,...
General share schemes due diligence questionsIntroductionThis legal due diligence questionnaire relates to the proposed purchase by [insert buyer...
Separate legal personality and the corporate veilCorporate legal personality—the Salomon principleA properly formed registered company is a separate...
A company’s constitutionWhat is a company's constitution?A company’s 'constitution' is defined under the Companies Act 2006 (CA 2006) as...
Allotment and issue of shares—fundamentalsSTOP PRESS: A significant restructuring of the UK listing regime came into effect on 29 July 2024, which...
Private companies limited by sharesThis Practice Note summarises the main features of a private company limited by shares. It also covers key...
Holding an AGM of a private company or unlisted public companyThis Practice Note summarises the law, guidelines and market practice relating to the...
Removal of a directorThis note should be read in conjunction with Practice Note: Appointment, retirement and resignation of a director.For an...
Unlimited companiesThis Practice Note summarises the main features of an unlimited company and why an unlimited company might be used as a vehicle to...
Loan notes—fundamentalsThis fundamentals note considers some of the key characteristics of loan notes which may be issued by a private limited company...
Private equity investment—ratchetsA ratchet in private equity is a mechanism to vary the amount of equity held by founders, managers and employees...
Directors’ remunerationCompany directors are not, by virtue only of their office as director, automatically entitled under company law to remuneration...
Drag along and tag along—fundamentalsDrag along and tag along rights are common provisions in private equity (PE)/venture capital (VC) and corporate...
A guide to share purchase agreementsThis Practice Note provides an overview of the agreement for the sale and purchase of shares in a private limited...
Transfer of shares—law and procedureThere are a number of circumstances in which shares in a company may be transferred, the most common of which are...
Companies limited by guaranteeWhat is a company limited by guarantee?Limited companies can be either limited by shares or by guarantee. A company...
Quorum requirements for general meetings (including AGMs)This Practice Note summarises the law relating to quorum requirements for a company’s general...
Company records—a company's statutory registersThe Companies Act 2006 (CA 2006) requires companies to keep the following statutory registers:•the...
Fiduciary duties of directorsThis Practice Note summarises the traditional fiduciary duties of company directors, including the duty to act in the...
Share certificatesShares in a company can be issued as certificated shares or uncertificated shares.Shares issued by private companies and unlisted...
Provisions which are entrenched in the articles of association so that they can only be repealed or amended if certain conditions or procedures, being more restrictive than passing a resolution'>special resolution, are followed. May be used in joint venture company articles to protect party who cannot block special resolutions.
An independent review commissioned by the UK government and led by Sir John Kingman, to examine the role and powers of the FRC. The outcome of the review was published in December 2018 and in March 2019 the government published a consultation paper seeking views on the recommendations made in the review.
An agreement with a specific investor in a fund which amends the fund’s main constitutional document, for example a limited partnership agreement, in respect of a particular investor.