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Selling your business – Heads of Terms and NDA
Posted: 8th June 2022
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 something many owners of private companies may only do […]
An Introduction to Selling your Business and Transaction Structures
Posted:
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 the sales process. Doing so will not only maximise on your […]
End to rules on the use of winding up petitions
Posted: 7th April 2022
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 petition against a corporate debtor where: The debt was for a liquidated amount, which had fallen […]
Ed Sheeran wins copyright claim and warns against the “Bad Habits” of bringing claims
Posted:
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, illustrations, musical compositions, sound recordings, computer programs, books, poems, blog posts, movies, architectural works, plays, and more. Determining originality is not an […]
A day in the life of….an equity Partner
Posted: 23rd March 2022
Andrea Smith is an equity Partner at Franklins Solicitors and heads up our Business Services Department. In this blog she explains why she has chosen to progress her career within Franklins and what her role entails… I joined Franklins Solicitors nearly 21 years ago as a Trainee Solicitor and was offered a position post qualification, […]
A day in the life of…a Corporate Partner
Posted: 4th March 2022
Holly Threlfall joined Franklins in 2013 and has since worked her way up to becoming a Corporate Partner in our Business Services Department. Here she explains what the work involves and what she enjoys about her role. […]
A day in the life of….A Newly Qualified Solicitor
Posted: 3rd March 2022
Justin Wilson joined Franklins in December 2021 as newly qualified solicitor within the Business Services Division. Here he shares what a typical day involves, how the team work together to meet the needs of their clients and why networking plays an important part of the role… Life as a newly qualified solicitor at a law […]
Restrictions on reuse of company name
Posted: 26th January 2022
Where a company goes into insolvent liquidation, section 216 of the Insolvency Act 1986 restricts its directors and shadow directors from being involved in another company with the same or a similar company name as the company in liquidation. If this restriction is breached, the person concerned will be personally liable for certain debts of […]
How a Shareholders Agreement can avoid a Dispute
Posted: 22nd November 2021
Starting a business shares some similarities with marriage in that often, partners think that everything will go perfectly well and that they will never face any issues in their relationship. For this reason, people often neglect to put in place a Shareholders Agreement. Unfortunately, disputes can arise in both romantic and professional relationships as interests […]
New rules on the use of winding up petitions
Posted: 17th November 2021
The Government has, in part, brought to an end the previous temporary restrictions surrounding a creditor’s ability to present a statutory demand and winding up petitions against a corporate debtor. Previous restrictions, which were introduced under the Corporate Insolvency and Governance Act 2020 in a response to the Covid 19 pandemic, were in place from […]
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