FromCounsel Share Reorganisation Suites

Following the success of their award-winning automated M&A suite, FromCounsel and Clarilis have launched a collection of comprehensively automated Share Reorganisation suites based on common share capital reorganisation actions.

Clarilis and FromCounsel provide deep automation of comprehensive share reorganisation suites

The solution combines exceptional documentation from FromCounsel’s team of pre-eminent barristers at Erskine Chambers and experienced PSLs, with automation by Clarilis. The documentation and automation are both fully maintained.

This launch offers substantial automation of share transfers, variations of class rights, share issues, share buybacks, reductions of capital, redesignations of capital and articles of association. These automated suites contain extensive optionality, far beyond the level seen in most traditional 'flat' precedents.

The first phase of our alliance proved that standardisation can be achieved to enable firms to quickly deliver high quality documentation, minimise risk and provide employees with the best tools. We will continue to extend the range of documentation available with Clarilis, on behalf of law firms of all sizes and look forward to the next phase of pre-automated content in the form of the complex documentation within the Shareholders agreement suite.

Andy Thornton, QC CEO, FromCounsel

These suites of course offer the recognised automation benefits of consistency, time savings and increased lawyer capacity. With process driven corporate actions such as those covered in this phase, the additional benefit of error and risk reduction is enhanced with the automation guiding users through the relevant legal requirements

This is another significant next step forward in the commitment of Clarilis and FromCounsel to deliver standardisation in legal as an enabler for accelerated LegalTech adoption.

James Quinn, CEO, Clarilis

FromCounsel and Clarilis for Share Reorganisations Cover

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What's included in the
Share reorganisations Document Suites?

SHARE BUYBACK SUITE

A suite of documents for an off-market share buyback, including a share buyback agreement and accompanying minutes, resolutions and Companies House forms.

REDUCTION OF SHARE CAPITAL SUITE

A suite of documents for a solvency statement reduction including the directors’ solvency statement (with options) and accompanying minutes, resolutions and Companies House forms.

SHARE RESTRUCTURING SUITES

Suites of documents for share transfers, new share issues, variation of class rights, and consolidation, sub-division and re-designation of shares. The suites provide accompanying minutes, resolutions and Companies House forms (including PSC forms).

ARTICLES SUITE

A suite of documents for the adoption of new articles of association including various forms of articles together with accompanying minutes and resolutions.

DRAFTING NOTES

FromCounsel drafting notes and expert guidance are linked through the questionnaire and the documentation, enabling easy access to all required information.

Why Automate?

Drastically reduce drafting time
Improve margins via enhanced efficiency
Increase capacity in busy teams
Remove risk via compliance with strict legislative requirements
Maintain exceptional drafting standards by using best-in-class documentation
Assist retention and recruitment
Enhance client relationships by delivering a superior and agile service
Enable delegation in a risk-mitigated environment

Solution Differentiators

Precedents and knowledge from FromCounsel, the first-rate service favoured by leading firms
Market-leading automation from Clarilis, with unmatched breadth and depth
Fully maintained documentation, automation and guidance
Drafting notes and expert guidance linked throughout enabling seamless access
Available off-the-shelf, with no implementation required
House styling options available
Rigorous security measures and protocols

FromCounsel and Clarilis Webinar:
Automated Share Reorganisation Suites

Following on from our award-winning pre-automated private M&A suite, join us for a webinar to launch our pre-automated Share Reorganisation Suites. The Share Reorganisation Suites are focused on reorganisations and documenting changes to shares and share capital and capital maintenance.

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