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.
This week's edition of Corporate weekly highlights includes an update on when final FCA rules on Private Intermittent Securities and Capital Exchange...
The Financial Reporting Council (FRC) has launched a consultation on a proposed UK version of the International Standard on Sustainability Assurance...
The Financial Reporting Council (FRC) has finalised amendments to the FRS 101 Reduced Disclosure Framework, following its December 2024 consultation....
The Financial Conduct Authority (FCA) has announced that it will publish its final rules for the Private Intermittent Securities and Capital Exchange...
Corporate analysis: This case which relates to a claim for rectification of the register of members of Jusan Technologies Ltd (JTL) gave rise to some...
UK Listing Rules class tests—fundamentalsThis fundamentals note considers the class tests in the UK Listing Rules (UKLR) used to classify the size of...
Case tracker—2025—CorporateThis case tracker displays the current status of, and most recent developments in, key cases relevant to corporate...
Equity shares (commercial companies) listing category—key continuing obligationsThis Practice Note summarises the continuing obligations which apply...
What constitutes a valid assignment of a contract?This Practice Note considers assigning contracts (transferring contracts): what amounts to a valid...
Incentivising partners in a partnership structureIntroductionPartnerships of all sizes continue to struggle with how best to design a partner...
Ordinary resolution of a subsidiary company to approve a payment to a director of its holding company for loss of office in connection with a transfer...
Confidentiality letter—private M&A—asset purchase—corporate sellerStrictly private and confidentialTo: [insert buyer name][insert buyer address]Date:...
Special resolution—off-market share buyback—approving capital payment (CA 2006, Pt 18, Ch 5)—private limited company (shares)SPECIAL resolutionThat...
Resolution—approving a substantial property transaction between a director, a holding company director or their connected person and the...
Ordinary resolution of a subsidiary company approving a payment to a director of its holding company for loss of office in connection with a share...
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...
Shares in a company are taken to be allotted when a person acquires the unconditional right to be included in the company’s register of members in respect of the shares (Companies Act 2006, s 558). Allotment is followed by the issue of the shares.
Companies other than small companies or medium-sized companies must state in their accounts whether or not they have been prepared in accordance with ‘applicable accounting standards’. The FRC considers that the Statements of Standard Accounting Practice (SSAPs), Financial Reporting Standards (FRS), Financial Reporting Standard for Smaller Entities (FRSSE), and FRC Abstracts issued by the FRC are 'accounting standards' for the purposes of the CA 2006.
The Directive on Takeover Bids, Directive 2004/25/EC.