This Practice Note provides an overview of the agreement for the sale and purchase of shares in a private limited company (target): the share purchase...
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...
This Practice Note explains the cash box structure and the principles behind its use in connection with a proposed placing by a public limited company...
The Quoted Companies Alliance (QCA) is an independent membership organisation that champions the interests of small to mid-sized quoted companies. One...
IntroductionA most favoured nation (MFN) clause entitles an investor to have visibility of side letter entitlements of other investors in the private...
This Practice Note considers the unique contractual status of the articles of association between the company and its members, primarily under s 33(1)...
What is the FCPA and what does it prohibit?The Foreign and Corrupt Practices Act (FCPA) was enacted in 1977 and amended after complaints from industry...
Jurisdictions coveredThe following jurisdictions are covered in this report:Australia; Brazil; Canada; China; Denmark; France; Germany; Greece; Hong...
It is an offence to pay or receive a bribe under the Bribery Act 2010 (BA 2010). Companies and partnerships will also commit an offence where a bribe...
ARCHIVED: This Practice Note has been archived and is not maintained.The Fourth Money Laundering Directive (4MLD), replacing the Third Directive which...
BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered into following the...
The purpose of this Practice Note is to provide a general understanding of the offences under section 1, 2 and 6 of the Bribery Act 2010 (BA 2010). It...
All commissions constitute the giving of a financial advantage, although they will not necessarily be bribes.Commissions may be facilitation payments,...