Briefing Notes

Briefing Notes

 

briefing notes

A briefing on the role of the Non-Executive Director

This briefing note is designed to give some practical guidance to non-executive directors of UK private companies. Traditionally, non-executive directors have been appointed to the boards of UK public companies.  Their role is typically supervisory and...

Read more
briefing notes

Corporate guide: life insurance-backed cross option agreements

Many privately-owned companies with a small number of founder or other significant shareholders put in place a shareholders agreement and dovetailed articles of association. These help to ensure that the company is run in an orderly manner and the rights of...

Read more
briefing notes

Corporate guide: the duties and responsibilities of a company director

    This guide provides directors of UK incorporated companies with a general overview of the statutory and other duties and obligations which should be complied with in that role. Additional duties will be applicable to directors of listed...

Read more
briefing notes

Data Protection - General Data Protection Regulation (GDPR) Overview

Background The new European General Data Protection Regulation (the “Regulation”) is in force and will apply to EU member states from 25 May 2018, replacing the Directive 95/46/EC (“Directive”).  The Regulation could have a...

Read more
briefing notes

Directors' Duties - the statutory regime

Before the introduction of the statutory duties in the Companies Act 2006 (the “Act”), directors' general duties were based in common law; that is to say that they were developed by the courts through case law.  These common law duties...

Read more
briefing notes

Directors' Duties: how to deal with threatened insolvency

If a company is insolvent or in danger of becoming insolvent, it is essential that directors are aware of the duties they owe to creditors, and of the things they should and should not do. It is important to note that, in certain circumstances, personal...

Read more
briefing notes

Due Diligence: 5 tips for sellers

Your prospective buyer or investor will want to ensure that the target business which they are looking to buy or invest in is worth the price they are proposing to pay.  In addition to financial, commercial and tax due diligence, it is therefore likely...

Read more
briefing notes

Duties of a company secretary

It is easy to underestimate the role of the company secretary.  Whilst not having the range of responsibilities and duties of directors, a company secretary, as chief administrative officer, has important tasks delegated to him or her and may be liable...

Read more
briefing notes

Limiting Liability in commercial contracts

An exclusion, limitation or exemption clause in a commercial contract seeks to exclude or limit a party’s liability, or exclude or limit the other party’s rights or remedies Examples include: financial cap on overall liability and/or caps on...

Read more
briefing notes

Marketing your business

Introduction Every business markets its products and services using strategies and methodologies tailored to suit its own ambitions and customer base. Marketing opportunities change constantly and now include social media, web and app sales, interactive TV...

Read more
briefing notes

Public and private companies compared

To download our corporate guide on public and private companies compared, please click on the 'briefing note' button to the left....

Read more
briefing notes

Reporting on payment practices

Large companies and large LLPs are now required to report on their payment practices and policies for financial years beginning on or after 6 April 2017.

Read more
briefing notes

Selling your business - assets or shares?

If you are looking to buy or sell a business carried on by a company there are two common sale structures: the company can either sell its business and assets (asset sale) or the shareholders can sell the shares in the company (share sale). Both structures...

Read more
briefing notes

Selling your business: heads of terms, exclusivity and protecting confidential information

Once you start negotiating a sale and before you give the buyer access to information and launch full scale into the sale process you should first consider entering into heads of terms and ensure that you have protected confidential confirmation. If, having...

Read more
briefing notes

Selling your business: pre-sale planning and preparation

Pre-sale planning and preparation is an important step when contemplating a sale. Ultimately it can increase the price you achieve, save time and cost when the sale process commences and avoid the risk of an aborted sale. If, having considered this guide,...

Read more
briefing notes

Shareholders' agreements and articles of association for founder shareholders

Many privately-owned companies with a small number of founder or other significant shareholders put in place a shareholders’ agreement and dovetailed articles of association. This guide considers the main reasons for this and provides a checklist of...

Read more
briefing notes

UK PSC Register Requirements

This note is designed to assist our clients to understand the key issues the PSC register requirements present for them.  This is a complex area and each case will depend on the specific facts. What is a PSC register? Most UK incorporated companies...

Read more

Search our site