Private Company Shareholders and Issues of Shares
Category: Company Law & Insolvency | Date: 05/06/2024 11:00 | Duration: 1hr | Tag: ATSUK24D2S2 | Type: Webinar | Speaker: David Impey
Course Details
When private companies are looking for fresh capital to take them through tough times, directors of private companies need advice on whether an issue of shares is the way forward, how to do it without breaching their company law duties, and the pitfalls to avoid, to help their company grow. And the same directors need to be aware of the pitfalls.
In this session David Impey will cover the following topics;
- Share allotments and issues – the differences and why they’re important
- The legals
- Directors’ duties
- Directors’ authority to allot shares
- Pre- and post-2006 Act companies
- What to do about statutory and other pre-emption rights
- Avoiding unlawful public offers
- Rights issues and bonus issues
- Revaluation reserves and bonus issues
- Renounceable letters of allotment
- Potholes for private companies with
- Corporate shareholders
- A sole shareholder (and director)
- Companies House filing, including statements of capital
By attending this session, you will learn/understand/be able to advise your clients on the pitfalls involved for private companies with corporate shareholders, and other ‘look out, look out’ situations, and make sure they can carry out share issues quickly and easily, taking into account all the legal nasties like authority for directors to allot and statutory and other pre-emption rights.
This course will be of most interest to accountants and their staff in general practice advising small private company clients.
Course level: Intermediate
CPD Course Speaker
Company Law Solicitor
David Impey
David Impey is a company law solicitor, professional services marketer, writer, and lecturer. His specialities include company law, professional services marketing, strategic planning and implementation, and interactive e-marketing.
As well as specialising in company law, David also works with law firms and other law businesses, helping them with strategy, and marketing, and majoring particularly on overcoming barriers to implementation of strategic and marketing plans and tactics
From 2008 to 2014, he led and worked on a major project for the UK Intellectual Property Office, through Atom Content Marketing (formerly BHP), building and developing an online IP HealthCheck resource that helps small and medium-sized businesses to identify, protect and commercially exploit their intellectual property.
He also worked in-house for 14 fun and profitable years for leading services provider Jordans, becoming Marketing Director responsible for developing, managing and marketing its service and product range. Particularly, he led significant projects to commoditise UK and overseas ‘factory’ professional services and promote them into the UK and other legal markets.
David lectures in the UK and overseas on both UK company law and professional services firm strategy and marketing.
As well as specialising in company law, David also works with law firms and other law businesses, helping them with strategy, and marketing, and majoring particularly on overcoming barriers to implementation of strategic and marketing plans and tactics
From 2008 to 2014, he led and worked on a major project for the UK Intellectual Property Office, through Atom Content Marketing (formerly BHP), building and developing an online IP HealthCheck resource that helps small and medium-sized businesses to identify, protect and commercially exploit their intellectual property.
He also worked in-house for 14 fun and profitable years for leading services provider Jordans, becoming Marketing Director responsible for developing, managing and marketing its service and product range. Particularly, he led significant projects to commoditise UK and overseas ‘factory’ professional services and promote them into the UK and other legal markets.
David lectures in the UK and overseas on both UK company law and professional services firm strategy and marketing.