Expert Resources

Free information from our team of lawyers about legal and practical aspects of corporate and investment structures. If you are interested in these areas, you may want to bookmark this page to check back regularly for new information.

Paul Sutton

What is a syndicate trust?

The term “syndicate trust” is not defined in English law. It is often used to describe arrangements in which a number of investors use a trust structure to make one or more investments. The Oxford Dictionaries’ definition of ‘syndicate’ is as follows: “A group of individuals or organizations combined to promote a common interest.” …
Paul Sutton

The LCN Tax Interview: Paul Morton

We are delighted to feature an interview with Paul Morton, Tax Director at the Office Tax Simplification (HM Treasury), and former Head of Group Tax at Reed Elsevier Group plc. Why did you get into tax? After reading a science degree I was looking for new challenges. The choices turned out to be graduate recruitment into the Hong Kong Police Force, …
Paul Sutton

The rule against issuing shares at a discount

This article is taken from the fifth postcard in our series of cards on group reorganisations, and looks at the rule against issuing shares at a discount. Links to the other postcards in the series can be found at the end of this article. A company’s shares must not be issued at a discount – in other words, for consideration which is less than their …