Writing law essays requires deep understanding of legal concepts, applicable statutes and related case law. It also requires one to make sound arguments based on the concepts, laws and facts of the matter. Unfortunately, this can be quite a challenging task for learners. Here is an example of a question that touches on company law, more especially the Company Act 2006 (UK). Do you need help tackling this or a similar law question? Do you need law essay help? How about a little help to get you started? We have helped others in your situation and will be glad to help you too. Simply place your custom order to receive high quality help at an affordable price.
“Alan, Brian and Charlotte formed Beautiful Boats Ltd (‘Boats’) in 2000 to manufacture top-end, expensive motor boats. They are all directors and equal shareholders in Boats. The business initially did very well as Boats successfully won contracts to build several very expensive boats for multi-millionaire businessmen. Recently, however, business prospects have not been looking so good with orders for new boats down in a declining market for expensive top-end boats. In fact, things have got so bad financially that Boats is heading towards insolvency, but Alan, who is finance director, has not informed Brian and Charlotte of the true financial position and they have not asked any questions about the financial position in board meetings. Alan and Charlotte think that the company should diversify into building smaller, cheaper boats as the market for those boats has not shown any decline, but Brian wants to stick with making expensive top-end boats as that is where the company has made its reputation. Alan and Charlotte enter negotiations with Best Boats Ltd (‘Best’) who have successfully made smaller, cheaper boats for thirty years and who are looking to expand. Alan and Charlotte propose that Best invest millions of pounds in Boats and acquire a majority interest in Boats in exchange. Brian objects to the proposal, but Alan and Charlotte exercise powers contained in the articles of association of Boats to issue thousands of shares to Best, making Best the majority shareholder. Brian is furious and claims that Alan and Charlotte are unjustifiably handing control of the company over to Best. Alan and Charlotte claim that Boats needs finance and the investment from Best is the only way the company can continue to thrive in the long term. With reference to relevant statutory provisions and case law, advise Alan and Charlotte on their potential liability for breach of duty under ss. 171, 172 & 174 of the Companies Act 2006”. – Alan and Charlotte potential liability for breach of duty.