Selling your Business – Documentation
Every transaction, whether a share sale, business sale, management buy-out, merger, share scheme (the list goes on!) will be governed by legal documents. These are essential to governing the relationship between the parties and sets out what has been a …
Selling your Business – Due Diligence
So you’ve found a buyer and agreed Heads of Terms, now it’s time for the hard work to begin! From my experience, the most commonly underestimated work-load in the transaction is legal due diligence enquiries. Accounting and Commercial due diligence oft …
Selling your business – Heads of Terms and NDA
Once you have resolved to sell your business and decided on a structure that is going to suit you, the next stage is finding a prospective buyer and agreeing Heads of Terms. Taking your business to market can be a daunting process; especially as it is …
An Introduction to Selling your Business and Transaction Structures
Selling a business can be daunting. There are a multitude of considerations that you will need to have, decisions to make and unfamiliar processes to engage in. If you want a successful sale you need to prepare not only your business but yourself for t …
The Queen’s Platinum Jubilee 2022: Are you entitled to the additional bank holiday?
On 6th February this year Her Majesty the Queen became the first British Monarch to celebrate a Platinum Jubilee, marking 70 years of service to the people of the United Kingdom, the Realms and the Commonwealth. To celebrate this unprecedented a …
Unfair dismissal – Rodgers VS. Leeds Laser Cutting Ltd
The Employment Appeal Tribunal has held that an employee who refused to return to work during the Covid-19 pandemic was not automatically unfairly dismissed. The Employment Appeal Tribunal (EAT) has upheld the Employment Tribunal decision in the case o …
A day in the life of …a Private Client Partner
Hi, my name is Kathryn Thornewill and I’m an Associate Partner in our Private Client Department predominantly based in our Milton Keynes office. I started at Franklins as a newly qualified Solicitor in 2013, having moved up to Milton Keynes from Cornwa …
T.M Lewin to pay its workers £439,000 after losing employment lawsuit.
Before employees can be made redundant in certain circumstances, consultation is legally required and involves a specific process which must be followed. If you’re an employer and you are not sure whether you need to consult your employees in your situ …
End to rules on the use of winding up petitions
The Government has now brought to an end the previous temporary restrictions surrounding a creditor’s ability to present a winding up petition against a corporate debtor. Under previous restrictions, a creditor was only able to present a winding up pe …
Ed Sheeran wins copyright claim and warns against the “Bad Habits” of bringing claims
Copyright is defined as “a type of intellectual property that protects original works of authorship as soon as an author fixes the work in a tangible form of expression”. Different types of works are protected including paintings, photographs, illustra …
