Business News

Shareholders’ Agreement? What Shareholders’ Agreement?

It is not uncommon for newly incorporated companies to have no idea what a Shareholders’ Agreement is, let alone put one in place.  

A Shareholders’ Agreement is a document which governs the relationship between the various shareholders and between each shareholder and the company. Read more

Are your Articles of Association fit for purpose?

A company’s Articles of Association (Articles) is the company constitution setting out the internal management of the company. Read more

Venture into that Venture

Shared ownership in a renewable energy project is any arrangement whereby the community (usually in the form of an already established body) invests in a renewable energy project. Read more

The Electronic Communications Code and how it affects Landowners

Imagine if your business and your home were prone to unreliable, intermittent electricity connections with regular outages not caused by a lack of available electricity (that is another story) but merely due to inadequate national network infrastructure.  Surely unthinkable in the 21st century. Read more

‘Taking Control’ of the Crown Estate

The Scottish Crown Estate includes a diverse portfolio of property, rights and interests, including the Scottish seabed, foreshore and ancient possessions of the Crown. Read more

When is 'close of business'?

The phrase ‘close of business’ is used by many on a regular basis however, when is ‘close of business’?

The recent case of Lehman Brothers International (Europe) (in administration) v Exxonmobil Financial Services BV [2016] considered this issue and the interpretation of the term. Read more

Documenting Decisions by Directors

Further to our recent article, “Does your Company Paperwork reflect your Company Practice?” this article tackles another fundamental aspect of company administration; the preparation of board minutes.   

Taking minutes is simply good practice as it provides a written record of those in attendance, issues discussed and decisions made. Read more

Does Your Company Paperwork Reflect Your Company Practice?

The ‘constitution’ of a company or LLP is the Memorandum and Articles of Association (“the Articles”). Read more

Who are you contracting with?

The Panamanian law firm Mossack Fonseca hit the headlines for a few days in early April following a major leak of data to a German newspaper showing that complex corporate structures were created in a bid to conceal the identity of the ultimate owner. Read more

The Small Business, Enterprise and Employment Act 2015 - Update

In our article “The Changing Face of Company Administration” of June this year we discussed the adoption of the Small Business, Enterprise and Employment Act 2015 and the changes it would introduce to the company administration regime. Read more