LEGAL ENGLISH: BOOK 2: Business & Corporate
The Language of Commerce and Corporate Power
From boardroom to bankruptcy, master the vocabulary that drives global business. Essential for anyone in commercial law, finance, or corporate governance.
WHAT'S INSIDE
Chapter 1: Company Law & Governance
Articles of association, share capital, director, fiduciary duty, dividend, resolution, quorum...
Chapter 2: Commercial Contracts
Warranty, indemnity, limitation of liability, entire agreement, boilerplate, assignment...
Chapter 3: Banking & Finance
Security interest, floating charge, debenture, subordination, covenant, facility agreement...
Chapter 4: Insolvency & Restructuring
Liquidation, administration, receiver, creditor, preferential debt, wrongful trading...
Chapter 5: Mergers & Acquisitions
Due diligence, completion, warranty, disclosure letter, earn-out, material adverse change...
Chapter 6: Competition Law
Anti-trust, cartel, dominant position, merger control, market share, undertaking...
STRONG POINTS
✓ IPA Pronunciation — Impress in client meetings
✓ Dual Examples — Drafting language + client explanations
✓ UK/US Differences — Ltd vs Inc, and beyond
✓ Common Mistakes — Draft with precision
✓ Usage Notes — The collocations that matter in deals
✓ Plain English — Make complex structures clear
WHO NEEDS THIS
- Corporate lawyers and solicitors
- In-house counsel
- Company secretaries
- Bankers and finance professionals
- Accountants working with legal documents
- M&A advisors
- Business law students
SAMPLE ENTRY
fiduciary duty /fɪˈdjuːʃəri ˈdjuːti/ (noun phrase)
Definition: A legal obligation to act in the best interests of another party.
Formal: Directors owe fiduciary duties to the company, including the duty to act in good faith.
Practical: A fiduciary duty means you must put someone else's interests first—like a director must prioritise the company, not themselves.
Usage: Key collocations: breach of fiduciary duty, fiduciary relationship, fiduciary obligations. Companies Act 2006 ss.171-177.
UK vs US: UK: Fiduciary duty | US: Fiduciary duty (same concept, different case law)
Common mistake: ❌ "The director has a fiduciary to shareholders" ✓ "The director owes a fiduciary duty to the company"
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