This Practice Note summarises the traditional fiduciary duties of company directors, including the duty to act in the best interests of the company,...
The principle definedCompany decisions are made by way of resolutions of the shareholders. There are three ways in which a resolution of a company may...
Coronavirus (COVID-19) IMPACT: Certain filing and registration deadlines are extended by temporary measures introduced to mitigate the consequences of...
A demerger is a transaction whereby a business carried on by a company within a group is taken out of that group and run under separate management but...
This Practice Note describes the legal issues that may arise where there is a gap in time between exchange/signing (at which time the share purchase...
This Practice Note considers the unique contractual status of the articles of association between the company and its members, primarily under s 33(1)...
This Practice Note outlines the written resolution method directors may adopt to take decisions instead of holding board meetings. It also considers...
A registered society is a body corporate with limited liability and its own legal personality, registered by the Financial Conduct Authority under the...
At 11pm UK time on 31 January 2020 (exit day), the United Kingdom left the European Union in accordance with a ratified Withdrawal Agreement between...
This Practice Note highlights the practical differences between legal entities in Scotland and legal entities in England and Wales. It also covers the...
It is important that the most appropriate form of vehicle is chosen to carry on a business; the choice of vehicle may have a bearing on the business’s...
Charities can adopt a variety of different legal forms or structures. A charity’s governing documents will depend on the form or structure adopted. A...
What is a public company limited by shares?A public company limited by shares is a legal entity which is separate and distinct from its members. It is...
A limited liability partnership (LLP) is not a partnership but a body corporate that is formed under the Limited Liability Partnerships Act 2000 (LLPA...
What is a private company limited by shares?A private company limited by shares is a legal entity which is separate and distinct from its members. It...
Sources of limited partnership lawThe main body of law governing a limited partnership formed under English law (as opposed to a general partnership,...
What is a co-operative or community benefit society?A co-operative society or community benefit society (previously known as industrial and provident...
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