Directors

Featured guidance
Directors guidance:

BREXIT IMPACT: The information to be given when appointing a corporate director will be affected by Brexit. For further details, see Impact of Brexit on appointment of...

Practice Note

Every director of a company owes a number of duties to the company they are appointed to. Many of those duties have been developed by the courts over hundreds of years....

Precedents

1 If, at any time in the [three] years following the payment of a bonus to you, the [Board OR Remuneration Committee] determines in its absolute discretion that any of...

Precedents

This Practice Note provides an overview of the key aspects of the UK corporate governance regime that are likely to be of particular relevance to the work of employment...

Practice Note

The directors [Insert name of company] ([Company]) [Insert address] [Insert date] Dear [Directors], General notification of interest in a proposed transaction or...

Precedents

The directors [Insert name of company][(Company)] [Insert address] [Insert date] Dear [Directors], Declaration of interest in a proposed transaction or arrangement In...

Precedents

The Directors [Insert name of company][(Company)] [Insert address] [Insert date] Dear [Directors], General notification of interest in an existing transaction or...

Precedents

A director who is in any way, directly or indirectly, interested in: • a proposed transaction or arrangement with the company of which they are a director, or • a...

Practice Note

A director who is in any way, directly or indirectly, interested in: • a proposed transaction or arrangement with the company of which they are a director, or • a...

Practice Note

This Practice Note describes the criminal offences that are of most relevance to company directors, and: • focuses on offences which an individual commits as a principal...

Practice Note

A director of a company limited by shares is exposed to a wide range of potential liabilities that could arise as a result of their acts or omissions carried out during...

Practice Note

Directors, and in some cases shadow directors, owe numerous duties to a company. Many of those duties have been developed by the courts over hundreds of years from more...

Practice Note

Directors are the agents of a company who manage its day-to-day business and owe a number of duties to it. Many of those duties have been developed over hundreds of years...

Practice Note

The main directors’ duties developed by the courts were set out in statute for the first time in the Companies Act 2006 (CA 2006), ss 171–177 and all of those statutory...

Practice Note

The main directors’ duties developed by the courts were set out in statute for the first time in sections 171–177 of the Companies Act 2006 (CA 2006), and all of those...

Practice Note

Directors are the agents of a company who manage its day-to-day business and owe a number of duties to it. The Companies Act 2006 (CA 2006) codified for the first time...

Practice Note

The duty to promote the success of the company is one of the general duties owed to a company by its directors under the Companies Act 2006 (CA 2006). For an introduction...

Practice Note

This Practice Note examines the statutory provisions apply to a company relating to: • the approval of a provision in a service contract under which the guaranteed term...

Practice Note

This Practice Note covers the statutory, regulatory and corporate governance framework for directors’ remuneration reports (including the directors’ remuneration policy),...

Practice Note

Background The remuneration of quoted company executive directors is subject to greater shareholder, media and political scrutiny than ever before. In addition to the...

Practice Note

This Practice Note outlines the regulatory framework for remuneration of directors of quoted and unquoted traded companies against the current backdrop of increased...

Practice Note

Ordinary resolution [That the term in the service contract proposed to be entered into between the Company and [insert name of director] providing that the period during...

Precedents

ORDINARY RESOLUTION [That the term in the service contract proposed to be entered into between the Company’s subsidiary, [insert name of subsidiary], and [insert name of...

Precedents

FORTHCOMING CHANGE: From April 2020, employer National Insurance contributions (NICs) will be payable on termination payments above £30,000. This change will be...

Practice Note

BREXIT IMPACT: The drafting and enforcement of the applicable law (governing law) and jurisdiction clause in this Precedent may be affected by Brexit. For further...

Precedents

BREXIT IMPACT: The drafting and enforcement of the applicable law (governing law) and jurisdiction clause in this Precedent may be affected by Brexit. For further...

Precedents

This Practice Note summarises the traditional fiduciary duties of company directors, including the duty to act in the best interests of the company, the no conflict and...

Practice Note

FORTHCOMING CHANGE: From April 2020, employer National Insurance contributions (NICs) will be payable on termination payments above £30,000. This change will be...

Practice Note

[To be typed on Company headed notepaper, including the company number] Private & Confidential [Enter name and address of director] [Enter date] Dear [enter name], This...

Precedents

The [Secretary OR Directors] [insert company name] [insert company address] [Insert date] Dear [[insert name] OR Company Secretary] Re: [insert company name] [Limited OR...

Precedents
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