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Table of statutes | |
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Table of statutory instruments | |
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Table of European legislation | |
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Table of cases | |
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The Corporate Structure | |
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Formation, classification and registration of companies | |
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Introduction | |
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Company formation-companies limited by shares | |
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Company formation-companies limited by guarantee | |
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Private and public companies | |
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Re-registration of companies | |
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Groups of companies | |
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The registrar of companies and the public registry | |
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The framework of company law | |
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The statutory framework | |
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The European framework | |
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European structures | |
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Corporate personality | |
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A separate legal entity | |
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Disregarding the separate entity | |
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The corporate group-separate entities or single unit | |
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Corporate acts and liabilities | |
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The company constitution | |
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Defining the constitution | |
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Content of the articles | |
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Amending the articles | |
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Interpreting the articles | |
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Enforcing the articles | |
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Supplementing the constitution-shareholders' agreements | |
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Corporate Governance-Directors' Roles and Responsibilities | |
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Corporate governance-board structure and shareholder engagement | |
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Introduction | |
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The UK Corporate Governance Code | |
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Corporate Governance requirements-the board of directors | |
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Board committees | |
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Shareholder engagement | |
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Board composition-appointment and removal of directors | |
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Appointment of directors | |
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Termination of appointment | |
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A statutory statement of directors' duties | |
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Introduction | |
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The statutory statement | |
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Duties owed to the company | |
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Duty to act within constitution and powers | |
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Introduction | |
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The constitutional division of power within a company | |
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Types of authority | |
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Statutory protection for third parties | |
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Exercise of a power for an improper purpose | |
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Duty to promote the success of the company | |
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Introduction | |
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Duty to act in good faith | |
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The success of the company for the benefit of the members as a whole | |
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Having regard to various factors | |
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Considering the creditors' interests | |
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Duty of care, skill and independent judgement | |
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Introduction | |
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The statutory standard of care, skill and diligence | |
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The content of the duty | |
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Duty to exercise independent judgement | |
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Duty to avoid a conflict of interest | |
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Introduction | |
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Scope of the duty to avoid conflicts of interest | |
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Benefits from third parties | |
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Proposed transactions with the company | |
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Existing transactions with the company | |
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Specific conflicts-CA 2006, Part 10, Ch 4 | |
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Introduction | |
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Directors' long-term service contracts: CA 2006, ss 188-189 | |
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Payments for loss of office: CA 2006, ss 215-221 | |
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Substantial property transactions: CA 2006, ss 190-196 | |
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Loans, quasi-loans and credit transactions: CA 2006, ss 197-214 | |
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Directors' liabilities for breach of duty | |
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Introduction | |
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Claim for breach of fiduciary duty | |
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Liability of third parties | |
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Claims for negligence | |
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Managing potential liabilities | |
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Corporate Governance-Shareholders' Rights and Remedies | |
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Membership and the incidents of membership | |
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Becoming a member | |
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Classes of shares | |
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Class rights | |
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Share transfer and transmission | |
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The register of members | |
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Decision-making and company meetings | |
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Introduction | |
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Voting entitlement | |
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Resolutions | |
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General meetings | |
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Meeting procedures | |
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The Duomatic principle-informal unanimous assent | |
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Informed shareholders and stakeholders-disclosure and the limited company | |
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Introduction | |
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The statutory scheme | |
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The auditors' role | |
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Auditors' liability and limitation of liability | |
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The unfairly prejudicial remedy and the minority shareholder | |
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Introduction | |
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Petitioning on the grounds of unfair prejudice | |
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The derivative claim and the rule in Foss v Harbottle | |
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Corporate claims for wrongs done to the company | |
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The derivative claim-CA 2006, Part 11 | |
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Corporate loss and reflective loss | |
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Personal actions at common law | |
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Statutory remedies | |
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Corporate Finance-Share and Loan Capital | |
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Share capital-capital raising and payment | |
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Introduction | |
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Share capital requirements | |
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Issuing shares at par, premium or a discount | |
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Alteration of share capital | |
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Allotment of shares | |
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Payment for shares | |
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Capital raising | |
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The doctrine of capital maintenance | |
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An overview of the doctrine of capital maintenance | |
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Purchase and redemption of a company's own shares | |
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Reduction of capital | |
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Distributions to the members | |
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Financial assistance by a company for the acquisition of its own shares | |
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Loan capital-secured creditors and company charges | |
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Introduction to company charges | |
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Fixed and floating charges | |
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The approach to categorisation | |
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Registration of charges | |
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Enforcement of a floating charge | |
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Corporate Rescue and Restructuring | |
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Company voluntary arrangements | |
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Introduction | |
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Company voluntary arrangements-IA 1986, Part I | |
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Company voluntary arrangement with a moratorium | |
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Corporate rescue-administration | |
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Introduction | |
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The purpose of administration | |
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The appointment of an administrator | |
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The company in administration | |
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The role and powers of the administrator | |
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Ending administration-exit routes | |
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Administration expenses and liabilities | |
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Concluding issues | |
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Liquidation and dissolution-winding up the insolvent company | |
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Introduction | |
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Voluntary winding up | |
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Compulsory winding up | |
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Consequences of winding-up order | |
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The role and powers of a liquidator | |
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The anti-deprivation rule, proof of debts and set-off | |
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The order of distribution | |
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Dissolution of the company | |
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Directors' liabilities and vulnerable transactions on insolvency | |
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Introduction | |
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Misfeasance procedure-IA 1986, s 212 | |
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Fraudulent and wrongful trading | |
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Prohibition on the re-use of company names | |
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Avoidance of transactions prior to winding up | |
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Disqualification of directors | |
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Corporate takeovers and reconstruction | |
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Introduction | |
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The regulatory framework | |
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The Takeover Panel | |
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The conduct of takeovers under the Takeover Code | |
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Protection of minority shareholders | |
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Schemes of arrangement-CA 2006, Part 26 | |
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Reconstruction in the course of voluntary liquidation | |
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Index | |