Recent Court judgments have called into question the ability of a sole director of a limited company to make decisions where the company has unamended model articles of association. The validity of previous decisions made by a sole director have also been...
The Corporate department at Martin Tolhurst Solicitors is pleased to introduce a new fixed price service for new and existing business that are entering into (or have previously entered into) a franchise agreement. We appreciate when starting a new business...
Whether it is to fulfil a lifelong dream, be your own boss or maximise income, there are important considerations when buying a business in order to avoid entering a bad deal. Share purchase or asset purchase are two ways in which you can buy an existing...
There are documents which need to be considered following the death of a shareholder of a limited company to establish how their shares will be dealt with. Articles of Association Provisions which govern what the personal representative can do with the...
The speed of the sale of your business or company (or 'Target') is directly linked to how expediently the parties correspond, provide documents and negotiate terms. Mignonette Ellis highlights three stages of the transaction that commonly consume the...
High Court rules that Model Articles of Association are not suitable for Limited Companies with a Sole Director. Our company law specialist Mignonette Ellis discusses the potential issues arising from the recent decision. A High Court decision has...
Please find latest case studies from Mignonette Ellis in our Commercial Law department. Cash extraction from limited company. A client wanted to extract all of the cash in his business before it was sold....
The COVID-19 pandemic has impacted almost every industry in the UK, with many businesses experiencing a severe strain on their cashflow as a result. While commercial tenants may be struggling to pay rent in full and on a regular basis, their landlord could...
With small businesses struggling to cope, we’ve all heard the recent battle cry of “shop local”. Supporting other small businesses may just help your own business in these struggling times. Treat yourself! Whether it is a take away or...
If you are setting up a business, you may have questions about which business model is right for you. The way in which you set up your business can have implications for tax, how you are paid, ownership of the business, how business decisions are made, and...
In certain circumstances, businesses may find they have premises or parts of premises that are surplus to requirements. Having entered into a contractually binding rental agreement, it may not always be a straight forward process to end that...
Whether it is to fulfill a lifelong dream, be your own boss or maximise income, there are important considerations when buying a business in order to avoid entering a bad deal. Share purchase or asset purchase are two ways in which you can buy an existing...
Most lease renewals are governed by the Landlord and Tenant Act 1954, and the rules can be complicated and confusing. However, if your commercial lease is up for renewal, you want to ensure you get the most favourable terms for your business. In this post,...
Martin Tolhurst Solicitors Commercial Department welcomes new Property Lawyer The beginning of the New Year saw the Commercial Department welcome Property Lawyer Roger Matharoo to the team. ...
When business owners reach the difficult and often emotional decision to sell a business which they have either started or grown, they might think that once the deal is done they can leave the business in the capable hands of the new owner and move on to...
It’s all in the planning when it comes to selling privately-owned companies . For the shareholding directors of many privately-owned companies, the end-game is focused on selling up before moving on to new ventures or sometimes...
The government has now published its response to the recent consultation on proposed reforms that will affect the current system of leasehold property ownership in England. The government opened the consultation on 15 October 2018 and received over...
Harrods and electrical pioneer Dyson use the same business model as the local tradesman with a van displaying ‘Limited’ or ‘Ltd’. Yes, really! This exceptional commercial tool is suitable for businesses of a...
The commercial department continues to deal with a varied range of property and corporate transactions including: Luxury Barns Project Specialist commercial property solicitor Jane Laird represented a developer who...
The firm’s commercial department has in recent weeks completed a wide range of deals including: Sale of National Engineering Company. The firm’s commercial partner Andrew Ashley-Edwards recently completed a high value deal...
What type of business do you operate as? Is it a partnership? If you and another person carry on a business in common with a view of making profit, then you may be operating as a traditional partnership and not have even known it! That is one of...