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PRECEDENTS
The Companies Act 2006 Private Company Limited by Shares Articles of association of [INSERT NAME] Limited Part 1, interpretation and limitation of liability 1 Defined terms and interpretation 1.1 In the articles, unless the context requires otherwise: address • has the meaning given in section 1148 of the Companies Act 2006; articles • means the company’s articles of association; bankruptcy • includes individual insolvency proceedings (and in relation to a corporate person, includes corporate insolvency proceedings) in a jurisdiction other than England and Wales or Northern Ireland which have an effect similar to that of bankruptcy (or insolvency, liquidation or winding up in relation to corporate entities); chair • has the meaning given in article 13; chair of the meeting • has the meaning given in article 41; clear days • in relation to a notice, excludes the day the notice is deemed under the articles to be given and the day on which the specified period expires; Companies Acts • means the Companies Acts (as defined in section 2 of the Companies Act 2006), in so far as they apply to the company; director • means a director of the company, and includes any person occupying the position of director, by whatever name called; distribution recipient • has
PRECEDENTS
A precedent form of articles of association for a management company limited by guarantee with drafting notes can be
PRECEDENTS
A precedent form of articles of association for a management company limited by shares with drafting notes
GLOSSARY
Conditions applying to a sale by roup'>public roup (auction)
PRECEDENTS
1 Directors’ conflicts of interest 1.1 Subject to the provisions of the Companies Act 2006 and provided that they have disclosed to the directors the nature and extent of any material interest of theirs, a director may, notwithstanding their office or that, without the authorisation conferred by this article 1.1, they would or might be in breach of their duty under the Companies Act 2006 to avoid conflicts of interest, be a director or other officer of, or employed by, or a party to any transaction or arrangement with, or otherwise interested in, any undertaking in the same group as the company, or promoted by the company or by any undertaking in the same group as the company, or in which the company or any undertaking in the same group as the company is otherwise interested. 1.2 No director shall: 1.2.1 by reason of their office, be accountable to the company for any benefit which they derive from any office or employment, or from any transaction or arrangement, or from any interest in any undertaking, that is authorised under article 1.1 (and
NEWS
Private Client analysis: Anticipatory declarations are a mechanism by which the Court of Protection can give care providers the legal authority to take decisions on a person’s behalf; responding dynamically to changes in a person’s capacity to make the relevant decisions. In other words, supporting those whose capacity fluctuates; Anticipatory declarations are a mechanism by which the Court of Protection can give care providers the legal authority to take decisions on a person’s behalf; responding dynamically to changes in a person’s capacity to make the relevant decisions. In other words, supporting those whose capacity fluctuates; Anticipatory declarations are a mechanism by which the Court of Protection can give care providers the legal authority to take decisions on a person’s behalf; responding dynamically to changes in a person’s capacity to make the relevant decisions. In other words, supporting those whose capacity fluctuates. Written by Lucy Clement, senior associate at Irwin Mitchell LLP.
PRACTICE NOTES
This Practice Note considers: • the key risks for financial institutions that are lending to commercial entities that use artificial intelligence (AI) or to AI companies • the key documentation issues when lending to commercial entities that use AI or AI companies (as applicable), and • the key issues when taking security from commercial entitles that use AI or AI companies To ensure clarity and to avoid inconsistency in the meaning of AI-related terms, defined terms used in this Practice Note have the meanings assigned to them in Practice Note: Artificial intelligence—glossary of terms for legal professionals. Where additional terms are used, their meanings for the purpose of this Practice Note are explained within it. For more information on matters relating to AI generally, see Practice Notes: • Artificial intelligence and machine learning—an introduction to the technology • Artificial intelligence (AI) resource kit Key risks when lending to businesses that use AI or to AI companies Lending to businesses that use AI There is a continuing trend towards embracing AI for
PRACTICE NOTES
STOP PRESS: Regulation (EU) 2026/1744 amending Regulation (EU) 2024/1689, Regulation (EU) 2018/1139 and Regulation (EU) 2023/1230 as regards the simplification of the implementation of harmonised rules on artificial intelligence (Digital Omnibus on AI) was published in the Official Journal on 24 July 2026 and entered into force on 27 July 2026. This Practice Note will be updated shortly to reflect amendments to Regulation (EU) 2024/1689, the EU Artificial Intelligence Act. For further information on the changes introduced by the Digital Omnibus on AI, see Practice Note: EU Digital Omnibus—tracker and News Analysis: Digital Omnibus proposal—re-writing the EU's digital rulebook. The integration of Artificial Intelligence (AI) in the workplace is transforming business operations, offering both opportunities and challenges. AI can automate repetitive tasks (eg sorting CVs, drafting job descriptions), allowing employees to focus on higher-value activities, but it also raises concerns about bias and discrimination, particularly in human resources (HR) management
NEWS
On 7 September 2026, China’s Supreme People’s Court issued the Opinions on Lawfully Hearing artificial intelligence(AI)-related Dispute Cases, containing 24 provisions on the adjudication of AI-related disputes. The Opinions apply existing legislation, including the Civil Code, Cybersecurity Law, Copyright Law and Personal Information Protection Law and set out principles of protecting individuals’ rights, supporting innovation and safeguarding security.
GLOSSARY
Technology with the ability to perform tasks that would otherwise require human intelligence and which, usually, have the capacity to learn or adapt to new experiences or stimuli, including machine learning, speech and natural language processing, robotics and autonomous systems.