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News & knowledge

The importance of shareholders’ agreements in family businesses

Corporate

A shareholders’ agreement is a private contract between the shareholders and the company. It regulates the way in which the company is run and arrangements as between shareholders. Unlike a company’s articles of association, a shareholders’ agreement does not need to be filed with Companies House and is kept confidential.

New UK standard contractual clauses

Corporate

Businesses will no doubt be aware that they cannot transfer personal data to countries outside the UK (a third country) without ensuring that certain safeguards are in place.

GDPR – Enhanced rights or enhanced hassle?

Corporate

Businesses need to be aware of the new enhanced rights granted to individuals (data subjects) under the General Data Protection Regulation (GDPR) as the date the new regulations are implemented (25 May 2018) fast approaches.

The difficulties of implied terms

Corporate

When entering into any kind of contract it is essential to expressly include clauses on all matters that are crucial to the parties and the arrangement at hand. Unfortunately this does not always happen.

Five, ten, fifteen, twenty five… key voting thresholds in UK limited companies

Corporate

An analysis of your shareholding in a private limited company is not as simple as percentage held equals proportion of power. There are key thresholds which must be borne in mind when gauging how much power a shareholder really wields in a company.