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Brodies LLP | United Kingdom | 14 Sep 2023

Death of a sole shareholder and director - what can a company do?

It is commonplace for a private limited company to have a sole director who is also the sole shareholder. However, problems can arise if a succession…
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Mishcon de Reya LLP | United Kingdom | 11 Sep 2023

What happens when a shareholder and director dies?

The death of a shareholder and director can give rise to a host of adverse consequences for a business. When so much time is taken up by building and…
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Doyle Clayton Solicitors | United Kingdom | 5 Sep 2023

Evolution of company structures in England and Wales: a historical overview

The development of company structures in England and Wales is an interplay between legal frameworks, economic needs, and societal transformations…
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Anthony Gold | United Kingdom | 6 Dec 2022

What happens when a director loses mental capacity?

In the event that a director loses mental capacity, the company is likely to seek to remove the director and replace them by reference to the…
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Charles Russell Speechlys | United Kingdom | 31 Oct 2022

Appointing a director

We have previously written about the removal of directors by ordinary resolution, which you can find here. A less talked about topic, but arguably of…
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Morton Fraser | United Kingdom | 31 Oct 2022

A guide to share buybacks for private companies

A company can return value to its shareholders by buying back some of its shares. This is known as a "share buyback" or a "company purchase of own…
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One Asia Lawyers | Singapore, USA | 20 Sep 2022

A Company’s Sole Responsibility is to Profit?

American economist Milton Friedman once espoused that “the social responsibility of [a] business is to increase its profits.”. His statement ushered…
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Stevens & Bolton LLP | United Kingdom | 22 May 2020

Articles of association - time for an upgrade

A company’s articles of association (articles) are a set of rules which govern the internal affairs of the company and form the basis of a statutory…
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Macfarlanes LLP | United Kingdom | 17 Apr 2020

Corporate Law Update 17 April 2020

In this week’s update: the court clarifies the extent of detail directors must give when disclosing their interest in an arrangement with their…
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Ogier | Bermuda, Cayman Islands | 16 Jul 2019

Privy Council rules on Bermuda’s 60/40 rule. What are the implications for the Cayman Islands?

Each of the Cayman Islands and Bermuda has legislation and regulation designed to promote and preserve local control over the jurisdiction’s economic…
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