Admission Definition

GLOSSARY

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What does Admission mean?

An admission of the truth of the whole or any part of another party's case.

Admissions may be made before or after the commencement of proceedings. Rules governing admissions are found in CPR Rule 14.

Dispute Resolution

An admission of the truth of the whole or any part of another party's case.

Admissions may be made before or after the commencement of proceedings. Rules governing admissions are found in CPR Rule 14.

View the related checklists about Admission

Investment agreement—checklist

Investment agreement—checklist Parties Who are the parties? More specifically, identify: • the investor/s • the managers, and • the investee company (newco) Conditions Are there any conditions to completion of the investment? What are the obligations of the parties to satisfy any such conditions? By what date? Share subscription What is the capital structure for the investee company? What class and number of shares will each shareholder (ie the investor, the managers and any other shareholders) subscribe for? Warranties Who is to give the warranties? Is it just the managers? Will the warranties be given jointly, jointly and severally, or severally? How extensive will the warranties be? It is customary for investment agreement warranties to focus mainly on the business plan and the managers, as sufficient coverage on the company itself is gained for the investor under the acquisition agreement. What limitations will apply to warranty claims? These include: • time within which claims may be made • caps on the warrantors’ respective liability and on aggregate liability, and •...

Listing requirements and continuing obligations—premium listing and standard listing—prior to 29 July 2024

Listing requirements and continuing obligations—premium listing and standard listing—prior to 29 July 2024 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. The UK Listing Rules sourcebook came into force to implement the changes and the Listing Rules sourcebook was revoked. For further information see Practice Note: Reform of the UK listing regime—fundamentals. This checklist reflects the listing regime prior to 29 July 2024 and has been retained for reference purposes. This checklist compares the listing requirements and key continuing obligations that previously applied to a commercial company with a listing of equity securities on the premium and standard listing segments prior to 29 July 2024. Requirements for listing—prior to 29 July 2024...

Detention, temporary admission and bail [Archived]

Detention, temporary admission and bail [Archived] This Practice Note covers the law relating to temporary admission and bail which applied as of 24 November 2016, prior to the commencement of the Immigration (European Economic Area) Regulations 2016, SI 2016/1052. This Practice Note examines the powers of the Home Office to detain individuals when exercising immigration control, as well as the forms of release that are relevant to persons who are liable to detention, ie temporary admission/temporary release, restriction orders and bail. The note is primarily intended to provide a summary of the key principles involved, as a detailed treatment of these topics is currently outside the scope of Lexis®PSL Immigration. For more detailed commentary on these topics, including on challenging detention, please see Chapter 18 of Macdonald's Immigration Law and Practice (for which a relevant subscription to Lexis®Library is required). For a critical overview of the situation in relation to immigration detention in practice, please see the joint report of the All-party Parliamentary...

LCAM Expedited Arbitration Rules (2022)

LCAM Expedited Arbitration Rules (2022) Background Several arbitral institutions and indeed even the UNCITRAL have in recent years developed expedited or fast track rules for low value disputes and for parties looking to avoid a lengthy arbitration process. Typically, these rules provide for the arbitral process to be conducted on a truncated timeline with a final award to be rendered within three or six months of commencement. For a general discussion on Expedited Rules, see Practice Note: Expedited (aka fast-track) arbitration. This note considers LCAM’s Expedited Arbitration Rules (the Expedited Rules), which have been in force since 1 September 2022, see Practice Note: LCIA (2020)—guidance on creation of a fast-track procedure. As Article 1.2 of the Expedited Rules state, they entail ‘…a complete stand-alone documents-only procedure for the resolution of disputes through arbitration by a sole arbitrator appointed by LCAM. The procedure administered by LCAM under the Rules is intended to be simple, expedited and cost effective’. The LCAM Expedited Rules stand out from the crowd in the following...

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ET3 grounds for resisting claim — discrimination because of pregnancy

ET3 grounds for resisting claim — discrimination because of pregnancy [Insert in para 6.1 of response form ET3:] 1 Paragraph 1 of the Grounds of Claim is admitted. It is admitted the Claimant notified the Respondent of her pregnancy as described in paragraph 2 of the Grounds of Claim and that on [insert date] she commenced a period of absence. According to the medical certificate which she submitted the reason for her absence was [insert details]. 2 It is admitted that the Claimant was dismissed on or about [insert date] but it is denied that she was dismissed because she was pregnant or for any reason connected with her pregnancy-related illness. It is denied that she was not told the reason for her dismissal. She was told that she was being dismissed because her post was redundant. 3 At the date of her dismissal, it was no longer practicable to continue to employ

Outline timetable for an AIM admission

Outline timetable for an AIM admission This precedent timetable shows the main steps involved in an AIM IPO (where a UK company is applying for the initial admission of its shares to trading on AIM) and no prospectus is required. Impact Day – 12 weeks Event Responsibility All parties meeting All Circulate timetable Nomad Circulate draft list of documents and list of parties Nomad Circulate draft engagement letters Nomad Circulate financial due diligence questionnaire and legal due diligence questionnaire Reporting accountants and Company solicitors Impact Day — 11 weeks Event Responsibility Circulate memorandum on directors’ responsibilities and potential liabilities in respect of an AIM admission document Company solicitors Circulate memorandum on the responsibilities and continuing obligations of a director of an AIM company Company solicitors Circulate directors’ questionnaires, directors’ powers of attorney and directors’ responsibility letters Company solicitors/Nomad Return response to financial due diligence questionnaire and legal due diligence questionnaire Company Commence financial due diligence (including financial procedures review) Reporting accountants Commence legal due diligence Company...

Dive into our 377 Precedents related to Admission

Will a director of a private company with Table A articles automatically be removed as a director on his incapacity? What happens if there are only two directors?

Will a director of a private company with Table A articles automatically be removed as a director on his incapacity? What happens if there are only two directors? It is assumed that the company is a private company limited by shares which adopted Table A in its entirety (ie, without modification) as its articles of association. The Companies Act 2006 (CA 2006) provides that a private company limited by shares must have at least one director who is a natural person (ie, an individual) (CA 2006, ss 154–155). Table A: Butterworths Company Law Handbook [A2] provides that, unless otherwise determined by ordinary resolution, the number of directors shall not be subject to any maximum but shall be not less than two (Regulation 64). Accordingly, if there is only one director, it may be necessary to appoint an additional director or pass an ordinary resolution to modify Regulation 64. Table A, Regulations 78 and 79 provide that the company or the directors may appoint a person as...

Does the decision in Imerman v Tchenguiz apply to other types of proceedings, or just in relation to financial disclosure? For example, would Imerman apply where a party accesses emails that they believe provide evidence of their spouse’s adultery?

Does the decision in Imerman v Tchenguiz apply to other types of proceedings, or just in relation to financial disclosure? For example, would Imerman apply where a party accesses emails that they believe provide evidence of their spouse’s adultery? Adultery In relation to a divorce in which a party wishes to rely on adultery, in the absence of an admission by the respondent, the adultery must be proved and the court will require evidence, not just of an opportunity to commit adultery, but also of an inclination or passion to commit it. See Practice Notes: Adultery (pre-DDSA 2020) and Defended divorce proceedings (pre-DDSA 2020). Where adultery is not admitted, and in the absence of admissible evidence to prove it, consideration may be given to presenting a divorce petition based on unreasonable behaviour, possibly referring to an improper association as an example of unreasonable behaviour. See Practice Note: Unreasonable behaviour (pre-DDSA 2020). Imerman The decision in Imerman v Tchenguiz marked a sea-change in the way that...

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Financial Services weekly highlights—28 November 2024

This week's edition of Financial Services weekly highlights includes APPG on Investment Fraud and Fairer Financial Services publishes report on FCA; ESMA publishes further guidance on exclusion criteria for the selection of CTPs; IOSCO issues consultation report on pre-hedging practices and regulatory recommendations; plus dates for your diary over the coming week.:

Banking & Finance—November 2024 case round-up

Banking & Finance analysis: This News Analysis provides a summary of the cases we have alerted in Banking & Finance for November 2024.

Read the latest 1376 News articles on Admission

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