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...
The underwriters or initial purchasers in an international securities offering will customarily require that the issuer's accountants provide one or...
A ratchet in private equity is a mechanism to vary the amount of equity held by founders, managers and employees post-investment.In a venture capital...
The Prospectus Regulation (EU) 2017/1129 came into force on 20 July 2017 and its provisions came fully into effect in Member States on 21 July 2019....
The Quoted Companies Alliance (QCA) is an independent membership organisation that champions the interests of small to mid-sized quoted companies. One...
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 outlines the written resolution method directors may adopt to take decisions instead of holding board meetings. It also considers...
This Practice Note is part of the Share purchase transaction toolkit.Conducting legal due diligence will involve reviewing documents made available by...
This Practice Note is part of the Share purchase transaction toolkit.Both the buyer and seller will need to make preparations for the conduct of due...
This Practice Note provides an overview of the purpose, nature and scope of the disclosure exercise that is carried out by a seller in connection with...
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 is part of the Share purchase transaction toolkit.The disclosure process involves the preparation of the disclosure letter by the...
This Practice Note provides an overview of the purpose, nature and scope of the due diligence process that is carried out by a potential buyer prior...