"There's a good range of Risk and Compliance materials, checklists and outline frameworks in one place. I think that's the difference. Everything's much more searchable, it cuts time and we can find what we really want."
Southampton FC
Access all documents on Underwriter
Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.
For our full legal glossary and more legal research sources, register for a free Lexis+ trial
Allotment of shares and disapplication of pre-emption rights—listed company—checklist STOP PRESS: A significant restructuring of the UK listing regime came into effect on 29 July 2024, which included the removal of the premium and standard listing segments and the creation of a single listing category for equity shares in commercial companies. The commercial companies category is heavily disclosure-based and sits alongside other listing categories such as the shell companies, secondary listing and closed ended investment fund categories. A new UK Listing Rules sourcebook came into force to implement the changes and the previous Listing Rules sourcebook was revoked. For further information see Practice Note: Reform of the UK listing regime—fundamentals. This Checklist reflects the listing regime as it was prior to 29 July 2024. The allotment and issue of shares is governed by statutory rules, which differ according to the type of company which is proposing the allotment (private or public, listed or unlisted) and whether that company has a single or multiple classes of shares. This checklist sets out...
Discover our 1 Checklists on Underwriter
Trombone rights issue This Practice Note explains the nature and typical structure of a trombone rights issue. It also explains why and when a company may carry out a trombone rights issue. See Practice Note: Rights issues—key considerations for further information on rights issues. What is a trombone rights issue? Trombone rights issues are commonly used where a listed company wishes to fund an acquisition by a rights issue (usually in the form of convertible securities), but the acquisition is subject to a condition or conditions which cannot be fulfilled before the rights issue is launched (ie obtaining competition authority approvals). In that context, a listed company, will typically structure the acquisition and the rights issue in one of two ways, either the: • acquisition and the rights issue are inter-conditional, or • rights issue is not conditional on completion of the acquisition, so as to avoid the risk of being left with the proceeds of a rights issue if the acquisition does not complete for any...
In–house lawyer essentials: key issues in issuing syndicated vanilla bonds This Practice Note sets out some key issues for in-house lawyers working on issuing vanilla bonds in the international capital markets. It is written for banking and finance lawyers working in banks or other financial institutions. General Initial points to consider: Are you the only counsel advising on this transaction or are external law firms involved? • Typically any syndicated bond issuance will result in an external law firm being involved • Are there any internal policies around when an external law firm must be appointed and who can be appointed and how costs are managed or shared? See: Selecting external law firms—a guide for in-house banking and finance lawyers and checklist: Agreeing engagement terms with external law firms—a checklist for in-house banking and finance lawyers for more information on appointing an external law firm What are the roles an external law firm will play? • Typically the issuer and the banks mandated will each have...
Discover our 60 Practice Notes on Underwriter
Agreement among underwriters (US IPO) Agreement Among Underwriters (US IPO) [insert number] Shares (plus [insert number] Shares to cover over allotments, if any) [COMPANY NAME] Common Stock [insert date], 20[insert year] [Insert name of party] [Insert name of party] As Representatives of the Several Underwriters c/o [Insert name of party] [Insert name of party] [Insert name of party] Re: Public Offering of Common Stock of [COMPANY NAME] Dear [insert text]: We wish to confirm as follows our agreement with you with respect to the purchase, from [insert name of corporate entity], a [insert nature of corporate entity] corporation (the Company), of an aggregate of [insert number] shares (the Firm Shares) of the Company's Common Stock, par value $[insert number] per share (the Common Stock), as well as with respect to the purchase any of the [insert number] shares (the Optional Shares) of Common Stock which the Underwriters (as hereinafter defined) shall have determined to purchase from the Company pursuant to Section [insert section number]...
Provisional allotment letter Important—this provisional allotment letter (pal) is of value and is negotiable. It requires your immediate attention. The offer expires at [insert time] on [insert date]. The entire pal must be presented when payment is made. If you are in any doubt about the contents of this pal, or as to what action you should take, you are recommended to seek your own financial advice immediately from your stockbroker, bank manager, solicitor, accountant or other appropriate qualified independent financial adviser duly authorised under the financial services and markets act 2000 (fsma) or, if you are in a jurisdiction outside the united kingdom, from an appropriate qualified independent financial adviser duly authorised in your jurisdiction. If you sell, transfer or have sold or otherwise transferred all of your ordinary shares (other than ex-rights) held in certificated form before [Insert time] on [Insert date], please forward this pal with form x (form of renunciation) on page [Insert page number] completed at once to the purchaser or transferee, or...
Dive into our 9 Precedents related to Underwriter
What are Perfluoroalkyl and Polyfluoroalkyl Substances (PFAS) and how are they controlled? What are PFAS? Perfluoroalkyl and Polyfluoroalkyl Substances (PFAS) are a group of manufactured chemicals that are widely used in everyday products, such as non-stick cookware, clothes, carpets and upholstery to make them resistant to stains. PFAS are made up of carbon and fluorine atoms, the bond between which is extremely strong meaning that PFAS do not degrade in the environment. In fact, scientists have been unable to estimate a half-life for PFAS (the time taken for 50% of the chemical to disappear), which led to PFAS being given the nickname ‘forever chemicals’. What are the latest concerns about the risks posed by PFAS? PFAS can be released into the environment at almost any stage of a product’s lifecycle. They can come off packaging or products into the food that is being prepared, they can be washed off products by rainwater into the environment and they can simply come off products during their use. PFAS are also...
Who are the main advisers on an AIM or Main Market IPO? Written in partnership with John Holme (Senior Associate, Hogan Lovells International LLP) and Maegen Morrison (Partner, Hogan Lovells International LLP). A company seeking an initial public offering (IPO) and admission of its securities to trading on AIM, or the Main Market of the London Stock Exchange, will need to appoint a number of parties to advise on the transaction. The main advisers in the deal team are set out below. Financial adviser The financial adviser, which is typically an investment bank or corporate finance firm, will be primarily responsible for managing the IPO process and co-ordinating the other advisers. Some of its responsibilities will include advising on the deal strategy and timetable, the offer structure, the board's composition, the necessary corporate governance structures and any arrangements with selling shareholders. Additionally, it will assume some, or all, of the following roles: • sponsor—as required by Listing Rule 8 for a Main Market IPO. The sponsor assesses...
See the 2 Q&As about Underwriter
Practice Compliance analysis: As the economy becomes increasingly reliant on technology to perform both internal and external functions, whether essential or non-essential, the threat posed by a cyber incident has never been greater. Fraudsters and other bad actors are developing new and inventive ways of trying to trick, infiltrate, and attack. For businesses, it’s now a matter of not if, but when. Jack Bassett, Assistant Vice President at Lockton comments on the evolving cyber threat landscape, the benefits of cyber insurance for firms, and cybersecurity best practice recommendations.
Law360, London: Almost nine in ten small and mid-sized businesses in Britain do not have cyber insurance policies, exposing them to the risk of attack amid the growth of online activity, insurer Aviva plc has warned.
Read the latest 7 News articles on Underwriter
**Trials are provided to all ½Û×ÓÊÓƵ content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these ½Û×ÓÊÓƵ services please email customer service via our online form. Free trials are only available to individuals based in the UK, Ireland and selected UK overseas territories and Caribbean countries. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
0330 161 1234