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.
Tax analysis: On 28 April 2025, the government announced a package of technical tax policy proposals aimed at simplifying and reforming the tax system...
The Financial Reporting Council (FRC) has published its 2024/25 review of structured digital reporting, examining how UK listed companies present...
The International Financial Reporting Standards (IFRS) Foundation has announced that the International Sustainability Standards Board (ISSB) has...
The Financial Conduct Authority (FCA) has published guidance consultation GC25/1 with proposed amendments to the FCA’s Knowledge Base (eg the...
This week's edition of Corporate weekly highlights includes: the FCA’s update following the closure of the consultation on the regulatory framework...
IPOs—fundamentalsThis Practice Note seeks to answer some key questions relating to IPOs or initial public offers on the London stock markets.What is...
Prospectus requirements—fundamentalsThis Practice Note provides accessible practical guidance and links to more comprehensive content in relation to...
Corporate horizon scanning—2014 [Archived]ARCHIVED: This archived Practice Note summarised key legal developments that were expected to impact...
How to carry out a reduction of capitalIt is a fundamental rule of English company law that a limited company having a share capital must maintain...
Rights issues—key considerationsThis Practice Note focuses on the key legal considerations when a rights issue is being carried out by a company...
Executive service agreement (short form)This Agreement is made on [date]Parties1[Name of company], a company incorporated in England with registered...
United Kingdom Taxation General The following paragraphs, which are intended as a general guide only [and not a substitute for...
Indemnity for tax deductions clause—joint venture agreement1Deductions from payments and indemnity for tax deductions1.1[Subject to anything to the...
Application letter—stamp duty group relief—FA 1930, s 42HMRC—Stamp Office[insert HMRC Stamp Office email address or address]Application for stamp duty...
Rule 15 letter—general offerTHIS LETTER IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt about the Offer or the action you...
Sub-division and consolidation of sharesCoronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, some Companies House filing and other...
A company’s constitutionWhat is a company's constitution?A company’s 'constitution' is defined under the Companies Act 2006 (CA 2006) as...
Removal of a directorThis note should be read in conjunction with Practice Note: Appointment, retirement and resignation of a director.For an...
Takeover Code—Rule 34—Right of withdrawalThis Resource Note outlines the main provisions of Rule 34 of The City Code on Takeovers and Mergers (Code),...
Directors’ remunerationCompany directors are not, by virtue only of their office as director, automatically entitled under company law to remuneration...
Issue of redeemable sharesA limited company that proposes to issue redeemable shares must comply with the provisions of the Companies Act 2006 (CA...
De facto and shadow directorsDefinition of 'director'The Companies Act 2006 (CA 2006) broadly defines a director as 'any person occupying the position...
Private equity investment—ratchetsA ratchet in private equity is a mechanism to vary the amount of equity held by founders, managers and employees...
Fiduciary duties of directorsThis Practice Note summarises the traditional fiduciary duties of company directors, including the duty to act in the...
Companies limited by guaranteeWhat is a company limited by guarantee?Limited companies can be either limited by shares or by guarantee. A company...
Directors’ board meetings—fundamentalsUnlike company general meetings and annual general meetings (AGMs), there are no specific provisions in the...
Amending the articles of associationThis Practice Note summarises the procedure to amend or change a company’s articles of association in accordance...
Drag along and tag along—fundamentalsDrag along and tag along rights are common provisions in private equity (PE)/venture capital (VC) and corporate...
Powers of directorsThe directors of a company are responsible for the day-to-day management of that company.The directors make decisions on behalf of...
Companies House filing proceduresFiling documents at Companies House may be one of the most simple tasks a corporate lawyer ever has to carry out in...
Articles of association—provisions for entrenchmentWhat are 'provisions for entrenchment'?The usual way to amend a company's articles of association...
Company names and business namesThere are a number of statutory and regulatory controls and restrictions on the choice of company and business names....
Sale of treasury sharesA limited company may hold, or deal with, shares in itself, if certain conditions set out in the Companies Act 2006 (CA 2006)...
The Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015 (SI 2015/980) which came into force on 6 April 2015 and apply to financial years beginning on or after 1 January 2016 (or earlier if the company so decides) permit small companies to prepare an abridged balance sheet and abridged loss-account'>profit and loss account if approved by all of the company's shareholders.
The City Code on Takeovers and Mergers, which has been developed since 1968 to reflect the collective opinion of those professionally involved in the field of takeovers as to appropriate business standards and as to how fairness to shareholders and an orderly framework for takeovers can be achieved. Following the implementation of the Takeovers Directive (2004/25/EC) by the CA 2006, Part 28, the rules set out in the Takeover Code have a statutory basis in relation to the United Kingdom. The Takeover Panel issues and administers the Takeover Code.
The term given to early-stage investments.