Company Commercial

Our team offers a wealth of experience to rival that of any regional practice. We specialise in all aspects of Company Law advising a wide range of clients from start-ups to family-owned businesses, SME’s and publicly listed companies.

Business & Company Sales and Purchases

We act for owner managed businesses through to SMEs and large corporates. Whether you are considering selling or buying a company or business we can assist with the process from initial guidance on terms and structure by liaising with your accountants and lenders, guiding you through the legal due diligence process and drafting and negotiating the legal documents.

Management buy-outs

We can assist sellers and management teams with MBOs’. Often in MBO’s debt financing sought by the management team or an MBO can be provided in part by the seller. We can assist with the structuring process, the due diligence and legal process to include finance aspects such as any security arrangements.

Demergers

Demergers have become a popular and tax efficient way of separating out different business activities of a company, particularly when owners are looking to sell only one distinct part of the business. We work closely with accountants in assisting them in obtaining HMRC clearance – which outlines the proposed steps of the demerger and the tax reliefs available. Once clearance is obtained, we draft documentation necessary to affect the demerger.

Shareholders’ Agreements

Shareholders’ agreements govern the relationship between a company and its shareholders. They cover aspects such as pre-emption rights, dividend policies, restrictive covenants, share values on exit, consent provisions and drag and tag along rights. We can guide you through the key aspects of a shareholders’ agreement as well as advise on any bespoke provisions which may be prudent for your business.

Partnerships and LLPs

A partnership is a formal arrangement between two or more parties to manage a business and share in its profits. A Limited Liability Partnership is a partnership in which the partners have limited liability. We advise on partnership and LLP structures as well as giving guidance on the key aspects that ought to be considered when operating as a partnership such as; the level of contributions of capital, profits and losses, drawings, retirement and expulsion, matters that require consent of some or all the partners, dissolution of the partnership. We are also able to assist and advise you when a partnership or LLP comes to an end and prepare any relevant dissolution documents.

Re-organisations and re-structuring

Whether you are looking for an exit strategy or simply looking to grow your business, we have the expertise to assisting in the legal process of implementing a re-organisation or a re-structure.

Banking and re-finance

We have undertaken a number of re-finance arrangements on behalf of clients in recent years ranging from small amounts to many millions. We work closely with our clients, their accountants and the lenders to ensure a smooth process.

Company Incorporation and general corporate governance

We can assist with the setting up of a new business and provide advice on the most appropriate structure. We also advise clients on what constitutes good corporate governance when running a business so they are able to minimise legal risks whilst being able to on growing their businesses.

Commonly asked questions

As a business owner where do I go for practical advice?
How should I set up my business – incorporated or unincorporated?
‘Separate Legal Personality’ and ‘Limited Liability’ – what’s the significance?
Selling an incorporated business – what's the difference between a share sale and an asset sale?
Business sales – Warranties and Indemnities – what’s the difference?
Ownership of limited companies – what does this entail?
What are my duties as a director of a company?
What should I consider when entering into a commercial agreement?

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