The following Corporate precedent provides comprehensive and up to date legal information covering:
[Insert name of company] ([Company])
General notification of interest in a proposed transaction or arrangement
[In accordance with section 185 of the Companies Act 2006[, OR and] for the purposes of section 177 of the Companies Act 2006 [and article [insert article] of the Company’s articles of association], I give you notice that I have an interest as [a member OR an officer OR an employee OR [specify other]] in [specify body corporate or firm]. [Insert a description of the nature and extent of the director’s interest in the body corporate or firm to the degree that this is not clear from the previous sentence.] As a result, I am to be regarded as interested in any transaction or arrangement that may, after the date of this notice, be made with [specify bod
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This Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum net worth test•gearing ratio•leverage ratio (or debt to equity ratio)•current ratio (or acid test ratio)•cashflow ratio•interest cover ratio, and•loan to value ratioIt explains:
Issue estoppel is a sub-species of the res judicata doctrine (see Practice Note: The doctrine of res judicata). In addition to the general key requirements for establishing a res judicata (see Practice Note: Key requirements to establish a res judicata), this Practice Note considers the specific
This Practice Note considers claims for damages for breach of statutory duty. For guidance on claims for damages for a negligent breach of duty of care outside a statutory duty, see Practice Notes:•Negligence—when does a duty of care arise?•Negligence—when is the duty of care breached?Breach of
Brexit: The UK's departure from the EU on exit day ie Friday 31 January 2020 has implications for practitioners dealing with provisions in the CPR relevant to cross border matters, including CPR 5.4C (discussed below). For guidance on the impact of Brexit on the CPR, see Cross border
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