Whatever size business you run, you will need legal assistance at some time or other. It is important that when you do, you receive timely, practical advice.
Our solicitors can help you with every legal issue your business faces at start-up or exit, and everything in between.
Our clients include start-ups, limited companies, owner-managed businesses, SMEs, professional partnerships and multinational corporations, across all sectors.
We can assist you with the setting up of your new company or business. This includes advising on the legal structure, and drafting loan documents, shareholder agreements and partnership agreements.
We can advise on rounds of investment, covering equity, debt or a combination of the two, when you raise the necessary funds for your growth.
We can also prepare your standard terms and conditions of sale or supply, and advise on the protection of intellectual property and data protection, so that you are legally covered from the word go.
As you will be aware, company directors and officers face numerous responsibilities. We can help you comply with your statutory duties and with the many day-to-day legal issues your business needs to deal with. We can provide company secretarial support.
We will work with you to ensure you receive the legal foundation you require as efficiently and cost-effectively as possible. We take a commercial approach and will tailor our service to your company’s needs and budget.
If you are setting up a new company with other shareholders or investing in an existing company, we would advise you to enter into a shareholder agreement. This is a legal contract between you and your fellow shareholders that sets out rules for how the company is to be run and how your shareholding is protected. A shareholder agreement may deal with issues such as:
- Who the directors of the company will be and what power the shareholders have to appoint or remove directors
- What actions can only be carried out by the company with the approval of all, or a specified percentage of, the shareholders. This may include:
- buying or selling assets or borrowing money
- what dividends the shareholders may be entitled to
- what happens if a shareholder wants to sell their shares
- how a deadlock between the shareholders is resolved
Having a shareholder agreement in place significantly reduces the likelihood of the shareholders getting involved in a costly dispute. By anticipating certain scenarios, and setting out how they are to be dealt with, potential problems can be nipped in the bud.
A shareholder agreement needs to be drafted so as to dovetail with the company’s articles of association. Every company has articles of association that set out the company’s governing rules. The articles of association are a public document (filed at Companies House) and it is usually preferable to include sensitive matters in a shareholder agreement, which is a private document.
Shareholder agreements should be reviewed regularly to ensure that their provisions remain suitable as the company grows or its shareholding alters.
We regularly deal with the sale and purchase of companies, businesses and business assets.
This often starts with the signing of confidentiality and non-disclosure agreements and we can draft these for you or advise you on their terms.
The documentation on corporate deals can be complex and usually includes negotiating a share/asset sale agreement, warranties and indemnities, and disclosures as well as issues relating to the transfer of employees (TUPE).
Alongside the negotiation of the documents, we will carry out a due diligence exercise on the business to the extent you require.
We will provide you with the practical, hands-on advice you require for your sale or acquisition.
There is every likelihood your business or company will enter into legal contracts at some stage. These might include joint venture, licensing, agency or distribution agreements.
We can also advise on information technology agreements, including software and app development, maintenance and licensing, supply of IT services and hardware, and outsourcing.
We can help you negotiate the best commercial terms for these and any other legal agreements your business enters into.
We will do so efficiently and cost-effectively in order to meet your business deadlines.
The preparation of consumer terms and conditions requires particular care. A business supplying goods or services to consumers is subject to greater restrictions on what its standard terms can say, and a consumer has rights that need to be explained to them.
We can guide you through the minefield of limiting and excluding your liability to the consumer, as provisions that are unfair could potentially be unenforceable against the consumer.