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Keeping the peace at Christmas – top tips for shared parenting over the festive season
Lauren Evans
You have successfully incorporated your new startup company and are all set to grow your business. What is one of the first things you should do? Without a doubt, if you have two or more shareholders, you should consider a shareholders’ agreement. It is easy to postpone putting a shareholders’ agreement (aka founders’ agreement) in place, but it is important. Why? Because it can regulate how changes in the company in the future will be dealt with including how decisions will be made, what would happen if a shareholder wanted to leave or became ill and, most importantly, what would happen if the shareholders had a disagreement.
Company jargon can be intimidating and confusing. However, once you get to terms with the key terminology and concepts of company law, it all becomes a lot more digestible. If you’re planning to set up your own company, or considering investing for the first time, this blog should help you get your head around some of the main company documents you’re likely to come across during the process.
If you are a founder, entrepreneur or a potential investor, at some stage you are likely to encounter a term sheet. So, what are term sheets actually for and what issues do you need to consider?
In February 2016, less than a year after raising £800,000 through an online crowdfunding platform, the claims management company, Rebus, went into administration. This episode highlights the risks associated with equity crowdfunding and raises questions as to the extent of investor protection required. The FCA bolstered their rules protecting retail investors in October 2014. These rules are now being reviewed and the FCA has published a ‘Call for input’.
Do you worry about the extent to which corporations protect your personal data? An Austrian law student (Max Schrems) acted on such concerns and, as result, toppled a 15 year old international legal agreement between the EU and the US which facilitated the flow of huge quantities of data across the Atlantic. On 6 October 2015, the Court of Justice of the European Union (in Maximilian Schrems v Data Protection Commissioner) invalidated the EU-US Safe Harbor agreement with immediate effect, sending shockwaves through the digital world.
Lauren Evans
Roberta Draper
Christopher Perrin
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