Model Articles what are they and why they are important

The issue with Model Articles of Association

Linkilaw Legal Documents

When starting a company, it is easy to just focus on the product or service you are selling. However, equally important is the documents stating how you run your company and how you structure the company’s constitution for the future. Below we discuss what the Articles of Association (‘Articles’) is, what the Model Articles of Association (‘Model Articles’) is, and …

Why do you need a Privacy Policy

Why do you need a Privacy Policy?

Linkilaw Legal Documents

Whether you’re a big corporation or a start-up, your company probably collects “personal data”. And if you don’t want to violate the law, you need a Privacy Policy. A Privacy Policy is a legal document that tells customers how their personal data is used. In this article, we’ll discuss why you need a Privacy Policy, what it should include and …

Non Disclosure Agreements Are Crucial To Your Business. Learn Why 2

Non-Disclosure Agreements Are Crucial To Your Business. Learn Why!

Linkilaw Legal Documents

A Non-Disclosure Agreement (NDA) is a legally binding document that protects your business by ensuring that employees and other people involved with your business are not allowed to disclose sensitive information about your business, clients, and operations to the public. Any information that you deem important to the profitability of your business needs to be included in an NDA. Without …

How to avoid a legal battle the smart way

How to avoid a legal battle the smart way

Linkilaw Legal Documents

Starting a business can be exciting and unpredictable. There are new people to meet, money to make and markets to revolutionise. However, one thing every startup wants to avoid are expensive and time consuming legal battles. Litigation can be completely unnecessary and totally avoidable. Listed below are the key legal weapons you can use to defend your business in a …

Does Your Business Have A Shareholders Agreement

Does your business have a shareholders agreement?

Linkilaw Legal Documents

What is a Shareholders Agreement?  A shareholders agreement is a legally binding contract between the shareholders that complements your company’s Articles of Association.  It is a private confidential document that does not need to be filed at the Companies House but some terms of which must be replicated in your articles to be fully effective. The main purpose of the …

UK confirms legal status of crypto-assets and smart contracts

UK confirms legal status of crypto-assets and smart contracts

Linkilaw Legal Documents

The UK Jurisdiction Taskforce (UKJT), a taskforce of the UK’s Lawtech Delivery Panel, has published an expert legal statement recognising crypto-assets as property and smart contracts as enforceable agreements under English law. The adoption of crypto-assets and smart contracts was being held back due to uncertainty over their legal status, so this statement is crucial for this fast-growing sector of …

What’s A Director’s Service Agreement _

What’s a Director’s Service Agreement?

Linkilaw Legal Documents

A director’s service agreement is a crucial document: It sets out various rights and obligations that arise as a result of appointing a director. While having such an agreement is not a legal requirement, it creates certainty for the director and the company, allowing both parties to be protected in situations of dispute or disagreements. For many entrepreneurs, putting in …

Partnership Agreements

Partnership agreements: Everything you need to know

Linkilaw Legal Documents

Humans, by nature, work better together. Partnerships offer founders someone to share ideas and responsibilities with, and someone to succeed or fail with. When a partnership is formed, one of the first documents the partners should prepare and sign is a partnership agreement. If you’re entering into a business partnership, it’s key to have a solid partnership agreement to protect …

selling a business

Selling A Business: Are Your Contracts In Good Order?

Linkilaw Legal Documents

Selling a business is fraught with potential obstacles; your commercial dealings are scrutinised through an in-depth due diligence process to make sure that your business is worth what you think it is. Your contracts are extremely valuable. If your contracts and agreements are below par then you risk a buyer seeking a price reduction or walking away from the deal. …