Arranging meaning

This Checklist outlines the practical considerations for a franchisor when launching an international franchise. A franchisor may wish to grow its network abroad to tap new territories and emerging markets, usually by entering into an international franchise agreement or an international development agreement. Nevertheless, the agreement and the structuring of the international arrangement can also present challenges and complications. This Checklist identifies some of the practical issues that a franchisor planning to expand overseas might encounter. Issues The franchise agreement will state that the franchisee must run the business in line with the franchisor’s operations manual. However, the business method described in that manual may not have been piloted or proven in the overseas territory. It will have been devised on assumptions tailored to the local market. A franchisee may therefore struggle to implement the method in the overseas territory if reliant on those assumptions. A franchisee is often contractually obliged to use the marketing material supplied by the franchisor under the agreement...

This flowchart outlines the steps an employer should take once a performance or capability concern is identified, including collecting key documents such as the contract of employment and appraisal records, considering mediation, appointing who will carry out performance monitoring, arranging informal and then formal meetings, deciding on dismissal or another sanction, and overseeing the appeal stage. Click below to view or print the full-size PDF version: Note 1—identifying whether there is a performance issue If an employee’s output falls short of the required standard, the employer may choose to address it under its performance procedure. For an example procedure, see Precedent: Policy and procedure—performance and capability. A clear distinction should be drawn between misconduct and underperformance. Where conduct is the concern, a disciplinary process is the correct route—see Practice Note: Managing performance—Dealing with poor performance. Before commencing any formal action, review the terms of the employer’s performance procedure and check, for example, whether specific time periods are required between each stage...

For more practical, step-by-step guidance on solar projects, including viewpoints from several jurisdictions, consult the textbook also: Solar Power: A Practical Handbook. Negotiating a rooftop lease for solar PV panels When arranging a rooftop lease for solar PV panels, the matters at stake will differ according to the interests of the party you represent. Those issues shift depending upon whether one acts for the landlord, the occupier, or the solar tenant. Here, 'landlord' describes the owner of the freehold or a long lease of the relevant building; 'occupier' means the party in occupation; and 'solar tenant' is the entity proposing to install and own the panels. The solar tenant may equally be the building’s occupier, or could be a dedicated solar developer. A growing number of landlords are fitting solar panels to their properties—either via the same corporate vehicle that holds the building, or through a related solar company. This note addresses rooftop leases and, accordingly, assumes a structure in which the solar tenant is a distinct legal...

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FORTHCOMING CHANGE: On 26 November 2025, as part of Budget 2025, it was confirmed that, with effect from 6 April 2026, the EMI gross assets ceiling will be increased from £30 million to £120 million, the maximum number of full-time equivalent employees will rise from 250 to 500, and the overall aggregate cap on the value of unexercised EMI options that a company or group may have in existence at any given time will be lifted from £3 million to £6 million...

In this issue: Court of Protection UK taxes for Private Client HMRC Manuals updates Budgets and Finance Bills Insolvency—Private Client Contentious trusts and estates Scotland, Wales and Northern Ireland International Question of the week Additional Private Client updates this week Daily and weekly news alerts LexTalk®Private Client: a Lexis®PSL community New and updated content Dates for your diary Trackers Latest Q&As Useful information Court of Protection Court of Protection approves indefinite extension of injunction against P’s son in order to protect and support best interest decisions made for P (MK (‘P’), In the Matter of) This matter relates to MK, an 81-year-old woman with vascular dementia. To safeguard court-ordered best interests decisions concerning MK’s living arrangements and care, the court continued, on an open-ended basis, an injunction limiting her son’s contact and preventing him from independently arranging medical assessments. The court determined it holds jurisdiction, under...

Marsh Ltd and White Oak Commercial Finance Europe (Non-Levered) Ltd settled their dispute on 21 May 2025 while the trial was ongoing. A Marsh representative told Law360 the broker was glad to see the issue concluded. San Francisco-based White Oak had asserted that Marsh owed it US$142.7m for arranging an insurance policy intended to protect its investments in Greensill Capital, a supply-chain finance business. In 2023, the investor reported the policy failed to respond. White Oak alleged Marsh was aware of difficulties at Greensill and did not reveal them, risks which could have jeopardised the cover being marketed. Greensill, established by Australian entrepreneur Lex Greensill, collapsed in 2021 after its insurer, Tokio Marine, declined to renew a US$4.6bn policy underpinning the company. White Oak further contended that one policy placed by Marsh proved worthless when a probe found the signatory lacked authority to approve it...

The UK Supreme Court has unanimously confirmed findings that Tradition Financial Services is liable to administrators seeking to recover tax debts due to HMRC, stemming from its part in arranging carbon credit trades over fifteen years ago. The justices determined that by sourcing purchasers for the credits, the firm came within section 213 of the Insolvency Act 1986 (IA 1986), which permits liquidators to ask the court to order contributions from ‘any persons’ who knowingly take part in conduct intended to defraud creditors. Tradition Financial Services — the London arm of broking heavyweight Compagnie Financière Tradition SA — acted as a third party to the trades and neither directed nor controlled the companies executing them. The deals formed part of a wider €5bn carbon trading fraud that jolted global markets nearly twenty years back. Nonetheless, the court held that, in insolvency, anyone who facilitates a fraudulent business is caught by the statute where they know the company’s business is being carried on for any fraudulent end. As the court explained,...

This Practice Note sets out the particular rules governing VAT on costs that fall to be the subject of either summary or detailed assessment before the High Court. The applicable provisions are contained in CPR PD 44. Entitlement to This is addressed at CPR PD 44, para 2.3 through to CPR PD 44, para 2.6. The party seeking recovery of costs bears responsibility for ensuring that VAT is claimed only if, and only to the extent that, it cannot recover from HMRC the VAT it has incurred (CPR PD 44, para 2.4). if the VAT is recoverable from HMRC, it should not be included in a claim for costs if only a proportion of the VAT is recoverable from HMRC, include only that proportion which is not recoverable from HMRC in the claim for costs The legal adviser’s VAT registration number must appear in a prominent position at the head of every statement, bill of costs, fee sheet, account or voucher...

This Practice Note addresses the regulated activity of managing investments... Definition Managing investments is a regulated activity under article 37 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, SI 2001/544 (RAO). It entails exercising discretion over assets that beneficially belong to another person, where those assets consist of, or include, any investment categorised as a ‘security’, a ‘structured deposit’ or a ‘contractually-based investment’. For further detail on what constitutes a ‘security’, a ‘structured deposit’ or a ‘contractually-based investment’, see Securities, structured deposits or contractually-based investments below)... The exercise of discretion This regulated activity only arises where the investment manager exercises discretion. Where portfolio management is non-discretionary—for example, the manager purchases shares strictly on client instructions, or simply receives and forwards client orders—the work is more likely to fall within another regulated activity, such as ‘dealing in investments, either as principal or agent’ (RAO SI 2001/544, arts 14 and 21) or ‘arranging deals in investments’ (RAO SI 2001/544, art 25)...

The general prohibition Under section 19 of the Financial Services and Markets Act 2000 (FSMA 2000), no person may undertake regulated activities in the UK unless they are authorised or fall within an exemption. This is referred to as the general prohibition. For guidance on the territorial reach of this restriction, see Practice Note: Territorial scope of the prohibition. Under FSMA 2000, s 31, an authorised person is one who: has been granted permission by the Financial Conduct Authority (FCA) or the Prudential Regulation Authority (PRA) under FSMA 2000, Pt 4A to carry on specified regulated activities; or is a Gibraltar-based person with a Schedule 2A permission to carry on one or more regulated activities. Please note that this latter provision, inserted by section 22(1), (2) of the Financial Services Act 2021, is not yet in force...

Suggested email to arrange counterpart completion with other solicitors SUBJECT: [ Transaction Name OR Details ] – Completion Arrangements We write to outline, for the purposes of these arrangements, our intended approach for arranging the signing and delivery of the documents required for the anticipated completion of [ insert details ]. We confirm that [ insert firm name ] is prepared to serve as nominated person pursuant to section 2(1) of the Legal Writings (Counterparts and Delivery) (Scotland) Act 2015 (the Act), and, as agreed, section 2(3) of the Act is hereby excluded and will not apply to these Completion Arrangements...

[ Insert organisation name ] is committed to preventing modern slavery and human trafficking within our organisation and to addressing the risk of it arising in our supply chain. This policy outlines the measures we will pursue and sets out what we expect from our staff and the third parties we work with. 1 What is slavery? 1.1 The Modern Slavery Act (MSA) 2015 covers four activities: Slavery – exercising powers of ownership over an individual. Servitude – where the obligation to provide services is imposed through coercion. Forced or compulsory labour – work or services demanded under the threat of a penalty, without the person having offered themselves freely. Human trafficking – arranging or facilitating another person’s travel with the intention of exploiting them. 1.2 This policy applies to all four activities. 2 Identifying slavery 2.1 There is no typical victim, and some individuals may not realise they have been exploited or that they are entitled...

This AGREEMENT is entered into on [ insert date of execution of the share option agreement ] Parties [ insert name of company whose shares are being granted under option ] (company number [ insert registered number of company ]) whose registered office is at [ insert registered address of company ] (the Company) [ and ]; [ insert name of option holder ] of [ insert address of option holder ] (the Option Holder) [ ; and ] [ [ insert name of grantor (if different from company) ] of [ insert address of grantor ] (the Grantor ). ] Background [ As at the date of this Agreement, the Company has agreed to grant the Option Holder an Option to obtain Shares on the terms contained in this Agreement. OR As at the date of this Agreement, the Company and the Grantor intend that the Option Holder shall be granted an Option to obtain Shares on...

Clare Ambrose, Twenty Essex The party’s representative should liaise with the witness and the other side. It should seldom be impossible to resolve matters by arranging for evidence to be given remotely. Such an approach is fairly standard practice...