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Shareholders of a company can sometimes be subjected to unfair prejudice because of the conduct of the directors or fellow shareholders of the company. Traditionally, unfair prejudice petitions have been a tool used by minority shareholder to protect their...
The recent rumours regarding changes to the CGT rates and the entrepreneurs reliefs created a surge in business sale transactions in the second half of this financial year. Now that the government’s changes have officially been announced, its...
In a landmark decision bringing conclusion to the trial of the former directors of British Home Stores Group, the court has held the former directors joint and severally liable for breaches of their statutory duties which caused the company to wrongfully...
Late payments continue to challenge small and medium-sized enterprises (SMEs) across the UK, as outlined in the 2023 Prompt Payment and Cashflow Review. The report reveals that 62% of small businesses experience delayed payments on a regular basis, severely...
A confidentiality agreement, also known as a non-disclosure agreement (NDA), is a legally binding contract designed to protect sensitive information from being disclosed to unauthorised parties. These agreements are widely used in various business settings...
A partnership agreement is a critical document that outlines the terms and conditions governing a business partnership. This legally binding contract is essential for preventing misunderstandings and disputes between partners by clearly defining roles,...
Navigating the complexities of business structures is essential for any enterprise, and choosing the right formation can significantly impact your success. A limited liability partnership (LLP) is a unique business structure that combines the benefits of...
The Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) represents a monumental shift in the UK's approach to combating economic crime and enhancing corporate transparency. This blog combines insights into the Act’s key provisions and...
When it comes to purchasing a business, the importance of due diligence cannot be overstated. Whether you're a seasoned entrepreneur or a first-time business buyer, conducting thorough due diligence is essential to ensure that you make a well-informed...
An unregistered property is a property that has not been recorded in the Land Registry. This means there is no official record of the ownership, boundaries, or any interests (like mortgages or easements) in the property maintained by the Land Registry....
