Companies and other forms of business vehicle

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Practice notes
This Practice Note summarises the traditional fiduciary duties of company directors, including the duty to act in the best interests of the company,...
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9th Nov
Practice notes
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...
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Produced in partnership with Philip Hinks of 3 Verulam Buildings (3VB) 12th Jan
Precedents
Definitions Delete the existing definition of ‘Consideration’ in Precedent: Share purchase agreement—pro-buyer—corporate...
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9th Nov
Practice notes
This Practice Note considers the obligation of an issuer who issues or proposes to issue financial instruments which are within the scope of the...
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9th Nov
Practice notes
Coronavirus (COVID-19) IMPACT: Certain filing and registration deadlines are extended by temporary measures introduced to mitigate the consequences of...
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9th Nov
Practice notes
Coronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, some Companies House filing and other administrative procedures have been...
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9th Nov
Practice notes
This document provides accessible practical guidance and links to more comprehensive content in relation to class 1 transactions undertaken by UK...
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9th Nov
Practice notes
Shares in a company may be allotted or transferred to any number of holders (whether they are natural persons or corporate entities) to be held...
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9th Nov
Practice notes
A minority member in a company does not have much power to influence its management or any majority member(s) and, therefore, sometimes their...
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9th Nov
Practice notes
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...
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9th Nov
Practice notes
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...
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9th Nov
Practice notes
Coronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, some Companies House filing and other administrative procedures have been...
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9th Nov
Practice notes
Coronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, some Companies House filing and other administrative procedures have been...
Read More >
9th Nov
Practice notes
This Practice Note considers the unique contractual status of the articles of association between the company and its members, primarily under s 33(1)...
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9th Nov
Practice notes
This Practice Note outlines the written resolution method directors may adopt to take decisions instead of holding board meetings. It also considers...
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9th Nov
Precedents
Insert the following definitions as new definitions into clause 1 of Precedent: Share purchase agreement—pro-buyer—corporate...
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9th Nov

Most recent Companies and other forms of business vehicle content

Precedents
1NameThe name of the society is “[insert full name of society] Limited”.2ObjectsThe objects of the society are:2.1[insert details]2.2[insert...
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14th Feb
Practice notes
This Practice Note considers the law and regulation relating to the corporate structure known as a UK Societas. A UK Societas has its roots in the...
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14th Feb
Q&As
A registered society is a body corporate with limited liability and its own legal personality, registered by the Financial Conduct Authority under the...
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10th Feb
Practice notes
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...
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1st Feb
Practice notes
This Practice Note highlights the practical differences between legal entities in Scotland and legal entities in England and Wales. It also covers the...
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Produced in partnership with Shepherd and Wedderburn 27th Jan
Practice notes
What is an unregistered company?An unregistered company is a rare form of incorporated company that is not formed or registered under the Companies...
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25th Jan
Practice notes
Coronavirus (COVID-19): Following the COVID-19 outbreak, guidance has been issued by the Office of the Regulator of Community Interest Companies...
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25th Jan
Practice notes
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...
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22nd Jan
Practice notes
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...
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21st Jan
Practice notes
AArticles of associationGenerally referred to simply as the articles. The principal constitutional document of a company (see also Memorandum of...
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19th Jan
Practice notes
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...
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18th Jan
Practice notes
A limited liability partnership (LLP) is not a partnership but a body corporate that is formed under the Limited Liability Partnerships Act 2000 (LLPA...
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18th Jan
Practice notes
Sources of partnership lawThe main body of law governing a general partnership formed under English law (as opposed to a limited liability...
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18th Jan
Practice notes
What is an unincorporated association?An unincorporated association:•is an organisation formed when two or more persons (the members) carry on...
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18th Jan
Practice notes
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...
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18th Jan
Practice notes
Sources of limited partnership lawThe main body of law governing a limited partnership formed under English law (as opposed to a general partnership,...
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18th Jan
Practice notes
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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18th Jan
Practice notes
What is an unlimited company?An unlimited company is a private company whose members are not limited in their liability to contribute to the...
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18th Jan
Practice notes
This Practice Note is currently archived and is no longer maintained or updated.The availability of the Societas Europaea (SE) in the UK has been...
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18th Jan
Practice notes
Coronavirus (COVID-19): Following the COVID-19 outbreak, some Companies House filing and other administrative procedures have been temporarily...
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18th Jan

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