Shareholders Agreements & deadlock issues

12/12/2012

Shareholder deadlock When it comes to shareholders agreements, there are two types of clients, those that have them and those that don’t! Most clients in small businesses don’t want a shareholders agreement which becomes excessively complicated or which seeks to deal with every possible contingency. There is a balance to be struck with what’s obviously READ MORE

Libel – it’s not just twitter

06/12/2012

The world seems to be turning ever faster and in the online world, it’s about competing for attention and for many online businesses, competing for rankings in search engines. This in turn means producing content, both on your own site and on others. Guest blogging has proliferated as the requirement for external links and citations READ MORE

Bribery Act 2010 – how it affects you

05/12/2012

I have advised a number of my corporate clients that due to the recent introduction of new legislation that it is important to ensure that they have a look at the general housekeeping of their company and in particular in relation to the Bribery Act 2010 (Bribery Act). SMEs and new start ups tend to READ MORE

Shareholder Disputes – Flat Management Companies

27/11/2012

Over the past couple of years I have noticed a marked increase in the amount of shareholders disputes on which we are being asked to advise. Shareholders disputes are very rarely black and white and often with private limited companies, personality clashes and family relationships need to be taken into account. A large number of READ MORE

The importance of understanding a clients business

27/11/2012

Research clearly shows that it’s important to clients that solicitors make the effort to understand their businesses. There is a simple reason for this – if you don’t understand the commercial drivers behind a client seeking legal advice, it’s unlikely you can do more than advise on the law which is often only a part READ MORE

Why assignment is an important legal concept

24/10/2012

The concept of assignment applies to many types of contracts ranging from business contracts to property contracts and to personal legal issues such as life insurance policies also. Assignment is simply the legal term for transferring legal rights in a contract, but it is crucial to understand from the outset that it relates to rights READ MORE

Pre-emption rights for shares

10/10/2012

A pre emption right in its most basic form is the right for an existing shareholder of a company to either exercise its rights in relation to an issue of new shares or purchase shares from an out going shareholder. Pre-emption rights are often expressed to be in relation to the percentage of shares already READ MORE

Intellectual Property Rights – who owns IP, employer or employee ?

25/09/2012

What is an intellectual property (IP) right? An intellectual property right (commonly abbreviated to IP) is a type of intangible property right.  Tangible property is physical things like cars, computers, phones etc.  These are legally known as chattels.  Intangible property is something that is creative and original – an idea that has not been replicated READ MORE

Insolvency related legal tips including company administration

25/09/2012

When is a company considered insolvent ? This is not an easy question to answer.  However, the law states that a company is insolvent when it can no longer afford to pay its debts or when the company’s total liabilities are greater than its assets. It is important to keep accurate recordings in order to READ MORE

Setting up a limited company – the practicalities

19/09/2012

Deciding to start a business is both a daunting and exciting prospect. It is important to ensure that the business structure that you choose is the correct one for you and your business. Aside from the fundamental decision about whether to limit personal liability, which is clearly a key reason to opt for a limited READ MORE