Share transfer provisions: what are they and why do they matter?
You may have already come across [glossary_exclude]share[/glossary_exclude] transfer provisions when you first incorporated your company. These provisions are most commonly found in the company’s articles of association and shareholders’ agreements, but also in buyout service agreements and investment agreements. Let’s take a look at what those provisions are and why they are important. What do your Articles say? Under the Companies Act
The UK Online Safety Act
Having been passed in October of 2023, the UK’s Online Safety Act seeks to implement greater levels of regulation surrounding social media and search engine companies - understanding the possible implications and potential ways businesses can ensure compliance is vital. In this article, we outline the main provisions of the Act and key considerations for businesses operating in the UK. What
The Articles of Association: why are they important and what should be included?
The articles of association – or simply the articles – is a fundamental constitutional document for companies that are incorporated and registered in England and Wales which is required under the Companies Act 2006. The articles establish the core corporate governance rules which regulate the company’s internal affairs, including the appointment and removal of directors, issue and transfer of shares,
Cookies policy
Working alongside website terms of use and a privacy policy, a cookies policy sets out information about the use of cookies on your website. Although you are not legally required to have a dedicated cookies policy, the Information Commissioner’s Office (ICO) suggests that it is best – and common – practice. Having a cookies policy in place ensures compliance with
Leaver provisions: what constitutes a “Good” or a “Bad” Leaver ?
Founders – the original shareholders of a company – are the driving force behind the company’s success as they contribute their skills and knowledge to expand the business. As the company grows, attracting new investment and talent, the [glossary_exclude]founders’[/glossary_exclude] ownership of the controlling stake in the company may not be reflective of their contribution at that new stage of development
Website terms of use
When your business has an online presence, it is advisable to adopt website terms of use (often referred to as website terms and conditions) to effectively protect both your website users and your business. While it is not a general legal requirement to display terms of use on business websites – although it is good practice – the Online Safety