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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
The Quoted Companies Alliance (QCA) is an independent membership organisation that champions the interests of small to mid-sized quoted companies. One...
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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 company having a share capital may have separate classes of shares. As a general rule, a type of share will form a separate class from other shares...
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9th Nov
Practice notes
This Practice Note summarises the procedure to amend or change a company’s articles of association in accordance with the Companies Act 2006 (CA...
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9th Nov
Practice notes
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...
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Produced in partnership with Danette Antao of Hogan Lovells and Maegen Morrison of Hogan Lovells 12th 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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9th Nov
Precedents
Important-this provisional allotment letter (pal) is of value and is negotiable. It requires your immediate attention. The offer expires at [insert...
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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
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
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
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
This Practice Note provides an overview of the purpose, content and scope of a comfort letter prepared by the auditors of a company preparing to offer...
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9th Nov
Practice notes
BREXIT IMPACT: The law as set out in this Practice Note may be affected by Brexit. For further details on the potential impact of Brexit, see Impact...
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9th Nov
Practice notes
This Practice Note considers the appointment and removal of alternate directors, their status, powers, duties and liabilities and authority to bind...
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9th Nov
Practice notes
Company directors are not, by virtue only of their office as director, automatically entitled under company law to remuneration for services as a...
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9th Nov

Most recent Q&As content

Q&As
Do company directors have to be resident in the country in which the company is registered?Different countries have varying company law requirements...
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13th May
Q&As
What are the requirements and restrictions on the transfer of Jersey registered company shares?For information on the nature and sources of Jersey...
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13th May
Q&As
Who pays the legal costs in the event of a shareholders' dispute? Can the company pay?This Q&A considers who is liable to pay the legal costs of a...
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12th May
Q&As
It is assumed that the company in question is a private company limited by shares governed by the law of England and Wales.Article 21(1) of the Model...
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10th May
Q&As
Identifying the parties to a contractIn a situation where a company operates under one or more trading names, then it is the company (a legal entity)...
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10th May
Q&As
Duty of good faithThe question of whether a partner has breached their duty of good faith, and whether that breach is sound in damages, will depend on...
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10th May
Q&As
Section 845 of the Companies Act 2006 (CA 2006) provides that where a company makes a distribution in kind, the amount of the distribution (or the...
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7th May
Q&As
The General Data Protection Regulation, Regulation (EU) 2016/679 (EU GDPR) became directly applicable and fully enforceable in all EU Member States...
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6th May
Q&As
How to wind up a general partnership or procedureThe winding-up of an insolvent partnership and the winding-up or bankruptcy of its members is...
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29th Apr
Q&As
2021 guidanceOn 24 February 2021 the Chartered Governance Institute (CGI) issued updated guidance (2021 Guidance) which anticipates that because of...
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27th Apr
Q&As
This Q&A assumes that the company in question is a private company limited by shares governed by English and Welsh law and incorporated under the...
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26th Apr
Q&As
There is no specific statutory restriction on a company withdrawing a resolution after the notice of the meeting has been sent. However, a number of...
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21st Apr
Q&As
This Q&A specifically considers private limited companies, as it is not possible for a public limited company to reduce the period of 21 days’ notice...
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21st Apr
Q&As
Sections 29–30 of the Companies Act 2006 (CA 2006) require all special resolutions to be filed with the Registrar within 15 days. Failure to do so...
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21st Apr
Q&As
Section 283 of the Companies Act 2006 (CA 2006) defines a special resolution as 'a resolution passed by a majority of not less than 75%' of the...
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21st Apr
Q&As
There are two main types of shareholder resolution: 'ordinary' and 'special'. There are also specific ordinary resolutions which require 'special...
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21st Apr
Q&As
Subject to the distributing company having sufficient distributable reserves and any restrictions in its articles of association, there is some...
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20th Apr

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