Contract and Pre-emption rights: Difference between pages

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A legally binding agreement between two parties.
The rights of a shareholder to have the first refusal on any new shares in the company as they become available.


Essential elements of an enforceable contract under English law include offer and acceptance, consideration, and legal capacity to contract (together with other legal requirements).
In the UK these rights are enshrined in company law.


 
Outside the UK pre-emption rights may or may not be recognised in law.
The fundamentals of contract law are similar throughout the countries of Europe, the US and many other jurisdictions.
 
However, each jurisdiction has its own individual contract law and, although these may be similar in many respects, they can also be significantly different in essential elements, for example in relation to the requirement for [[consideration]].  




== See also ==
== See also ==
* [[Assignment]]
* [[An introduction to equity capital]]
* [[Breach of contract]]
* [[Cash box placing]]
* [[Capacity]]
* [[Rights issue]]
* [[Condition]]
* [[Shareholders]]
* [[Consensus in idem]]
* [[Consideration]]
* [[Contra proferentem]]
* [[Counter-offer]]
* [[Deal]]
* [[Eiusdem generis]]
* [[Engagement letter]]
* [[Exemption clause]]
* [[Express term]]
* [[Frustration]]
* [[Implied term]]
* [[Indemnity clause]]
* [[Invitation to treat]]
* [[Lease]]
* [[Liquidated damages]]
* [[Long term contracts]]
* [[Minor]]
* [[Misrepresentation]]
* [[My word is my bond]]
* [[Open interest]]
* [[Performance risk]]
* [[Privity of contract]]
* [[Repudiation]]
* [[Restrictive covenant]]
* [[Service agreement]]
* [[Sweetheart deal]]
* [[Tort]]
* [[Trade]]
* [[Warranty]]
* [[Zero hours contract]]


[[Category:Treasury_operations_infrastructure]]
[[Category:Corporate_finance]]
[[Category:Compliance_and_audit]]

Revision as of 03:43, 19 May 2016

The rights of a shareholder to have the first refusal on any new shares in the company as they become available.

In the UK these rights are enshrined in company law.

Outside the UK pre-emption rights may or may not be recognised in law.


See also