Articles of Association are, simply put, the legal rules for how your company is run. They establish the sometimes complex relationships between you as founder entrepreneur, your company and its other shareholders and directors. The Companies Act 2006 has changed the law fundamentally. A new set of Model Articles has been introduced replacing the old standard Table A. It may well be that your Articles could benefit from a legal audit. See our fact sheets on director duties and share issues for more information.
What is in the Articles can decide who wins a power struggle for control of the Board and whether a former Director or employee must sell their shares when they leave.
Often it is only when a serious dispute arises that the Articles are examined in detail and the results can be surprising!
Our Standard Articles of Association Services:-
Please do not hesitate to contact an Everyman Solicitor on 0845 868 0960 for a free discussion about Articles of Association or email everyman@everymanlegal.com
The Everyman Legal Resources area has been introduced in response to our solicitors' frustration at not being able to assist business people and individuals who need to create legal documents but do not have the budget to engage a solicitor to provide them with a fully bespoke service.
Our documents are designed to be flexible and easy to amend. Accordingly, no template documents for sale through our website include any non-standard formatting.