Navigating the world of corporate members requires a solid understanding of the legal frameworks that govern shareholders, partnerships, and LLC members. This topic provides practical and up-to-date guidance to assist you in advising clients on their rights, responsibilities, and the intricacies of corporate membership structures. Stay informed on best practices and enhance your advisory capabilities with expert insights tailored to the corporate legal space.
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...
Joint shareholdersShares in a company may be allotted or transferred to any number of holders (whether they are natural persons or corporate entities) to be held jointly, except shares allotted to the subscribers to a company’s memorandum of association (being subscriber shares). It is not possible
What is an affiliate or an affiliated person?The definition of ‘affiliate’ or ‘affiliated’ in relation to corporate relationships will depend on the context in which a particular relationship arises.The definition of an ‘affiliated company’ in the context of financial services (in the FCA Handbook)
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
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