Setting up a limited company – the practicalities


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

Minority shareholders – what they need to know


Minority shareholders and company law Minority shareholders can generally be outvoted by the majority in relation to important decisions of a company and can therefore suffer prejudice. Much however depends on whether actions have been taken to deliberately prejudice the minority shareholder or shareholders as against the legitimate power and influence which can be used READ MORE

Legal aspects of a family owned business


Many owner run SME’s are family owned and managed businesses. Whilst in the first generation this can often work well, as the ownership of the company is passed through to the next generation problems often occur. The lines between family and business can become blurred and relationships strained. Many family businesses grow organically over the READ MORE

Exclusivity Agreements – advantages and risks


 What is an Exclusivity Agreement? An exclusivity agreement, also known as a lock-out agreement, is an agreement between parties which provides for certain restrictions on either or both for exclusivity in terms of  supply of goods, services or other dealings, sometimes for a stipulated time period,  to any other parties other than on the terms READ MORE

Bribery Act advice, policies & procedures


Since the introduction of the Bribery Act 2010 (Bribery Act) which came into force in July 2011 a number of our clients have contacted us to ask whether or not they need to concern themselves with this and whether they need any policies in place. The answer to both of these questions is yes. The READ MORE

Why do some companies have different classes of shares ?


Many Companies have different classes of shares. There are a number of different reasons why the shareholders of a company would chose to structure the company in this way. One of the most common reasons for having different classes of shares or preference shares is when a party wishes to invest in the company. By READ MORE

Electronic contracts and electronic signatures


In order to have a valid written contract, the document which contains the details of the agreement has to be executed in one form or another. Whilst most forms of contract, with notable exceptions, such as land contracts, do not even need to be in writing and can be valid even if verbal, with important READ MORE