Walkers is a leading international law firm which advises on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey. From our 10 offices, we provide legal, corporate and fiduciary services to global corporations, financial institutions, capital markets participants and investment fund managers.
There are times when certain business opportunities arise unexpectedly and it may not be practical for individuals to incorporate a new company or acquire a company before a contract needs to be signed.
There are times when certain business opportunities arise
unexpectedly and it may not be practical for individuals to
incorporate a new company or acquire a company before a contract
needs to be signed. In such circumstances, individuals may sign a
contract on behalf of a company that is yet to be incorporated (a
pre-incorporation contract).
This note sets out matters for companies and individuals to
consider when entering into pre-incorporation contracts.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
