Reece Thomas & Ryan: The Law & Practice of Shareholders' Agreements

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Commentary

Title explains the law on shareholders' agreements in a clear and comprehensible style. It guides the reader through a typical transaction, highlighting the commercial issues facing the client and ultimately the solicitor as draftsman. The book highlights developments arising from the Companies Act 2006, and has been fully updated to reflect changes in insolvency practice and to the law post-Enterprise Act 2002. It examines how a shareholders' agreement can be unravelled in the event of insolvency or other reason for termination.

The 2014 edition has been updated to include: • Enterprise and Regulatory Reform Act 2013 – gives shareholders the power to vote on director's pay • Developments in the area of Derivative Actions (a claim brought by a shareholder against a company’s directors, in the name of and for the benefit of the company) • New content dealing with the law in various commonwealth jurisdictions e.g. Hong Kong, Canada, New Zealand • A list of substitute clauses to help customers adapt the precedents which are included in the title • Discussion of the impact of the provisions of the Bribery Act 2010 on Shareholders’ Agreements • New analysis on tax in this area • Employee shareholder status and the legal and practical effects of this development • International element of Unanimous Shareholder agreements and possible assistance in the UK • Jackson's costs reforms and their effects on disputes involving shareholders • Public private partnerships and the impact of the proposals.

Last updated: November 2014