Privilege comes in a number of forms and is a means of seeking to prevent an opponent from being able to inspect various disclosable documents. For guidance on privilege, including how it can arise, how it can be lost or waived and the implications of doing so (whether purposefully or inadvertently), see: Privilege and without prejudice communications—overview. This, in turn, links through to more detailed guidance on each of these, and many other, aspects of privilege. A distinction needs to be drawn between disclosure and inspection in the course of litigation, and inspection of documents other than in the course of litigation. See Practice Note: Disclosure under CPR 31—introduction. In the course of litigation, a company will generally be required to disclose to shareholders legal advice on the running of the company’s affairs, where it has