Corporate insolvency processes

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Practice notes
Form of transfer of sharesThere are a number of circumstances in which shares in a company may be transferred, eg upon a sale of the shares, through...
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19th May
Practice notes
Amending the articles of associationThis Practice Note summarises the procedure to amend or change a company’s articles of association in accordance...
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19th May
Q&As
What is the definition of body corporate as used in s 1159 of the Companies Act 2006?Section 1159 of the Companies Act 2006 (CA 2006), for the...
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19th May
Precedents
This Deed is made on [insert date]Parties1[Name of company in which the shares are held] incorporated in England and Wales under number [company...
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19th May
Practice notes
Shareholder resolutionsThe agreement of the members of a company is required to make certain changes to a company, such as amending its constitution,...
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19th May
Practice notes
Returning capital to shareholders—B share schemesWhat is a B share scheme and why is it used?A B share scheme is one method used by UK companies to...
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Produced in partnership with Glafkos Tombolis 19th May
Practice notes
Private companies limited by sharesWhat is a private company limited by shares?A private company limited by shares is a legal entity which is separate...
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19th May
Practice notes
Redemption of shares—procedureThis Practice Note describes the procedure for a limited company to carry out redemption of its redeemable...
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19th May
Practice notes
Payments for a director’s loss of office—transfer of an undertakingThe Companies Act 2006 (CA 2006) contains provisions that require payments made by...
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19th May
Practice notes
The Prospectus Regulation—key changes in comparison to the Prospectus Directive regimeThis Practice Note provides an overview of the implementation of...
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19th May
Practice notes
General meetings—notice requirements for private and unlisted public companiesA general meeting must satisfy certain requirements set out in the...
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19th May
Q&As
Will a redesignation of shares constitute a variation of class rights?A redesignation of shares involves a change in the name of some or all of a...
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Produced in partnership with Julian Henwood of Gowling WLG 19th May
Practice notes
Takeover Code—Rule 3—Independent adviceThis Resource Note outlines the main provisions of Rule 3 of The City Code on Takeovers and Mergers (Code),...
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19th May
Practice notes
Quasi-loans to directors, connected persons and related arrangements—requirement to obtain members’ approvalThe Companies Act 2006 (CA 2006) contains...
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19th May
Practice notes
Break fees—share purchaseThe nature and purpose of break feesBreak fees are generally designed to compensate one party’s legal and professional costs...
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19th May
Practice notes
Class rights and variation of class rightsA company having a share capital may have separate classes of shares. As a general rule, a type of share...
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19th May

Most recent Corporate insolvency processes content

Q&As
Do directors of a company limited by guarantee and having a share capital require the shareholders’ consent to wind up the company?It is assumed for...
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Produced in partnership with Steven Papadopoulos 5th Jun
Q&As
Where a private limited company has applied for voluntary dissolution (strike off) can its directors be changed without causing the strike off to be...
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5th Jun
Practice notes
Company Voluntary Arrangements—an introductory guideA company voluntary arrangement (CVA) is a binding contractual agreement between a company and its...
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5th Jun
Practice notes
Corporate Insolvency and Governance Bill—progress tracker [Archived]ARCHIVED: This archived Practice Note describes the passage of the Corporate...
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5th Jun
Practice notes
Liquidation—an introductory guideProcess and effect'Liquidation' or 'winding-up' is the process by which the affairs of a company and the company’s...
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5th Jun
Practice notes
Glossary of restructuring and insolvency termsThis glossary explains many of the terms commonly used in the restructuring & insolvency market. Terms...
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5th Jun
Practice notes
Receivership—an introductory guideThe appointment of a receiver is a remedy for creditors and certain third parties to protect their interest in...
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5th Jun
Practice notes
Administration—an introductory guideAdministration is a procedure designed to give an entity breathing space, with a view to either a rescue or a...
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5th Jun
Practice notes
Taxation in corporate insolvency—the principal issues in outlineTaxation and insolvencyThere are relatively few specific rules governing the UK...
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Produced in partnership with David L. Irvine of Goodwin, Nathan Langford of Kirkland & Ellis International LLP and Philip Ridgway of Temple Tax Chambers 5th Jun

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