A limited company is a legal business structure that provides limited liability protection to its owners, who are known as shareholders or members.
What is a limited company?
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Is buying an existing business risky?
If you're considering buying an existing business and want to know if it's a risky endeavour, you've come to the right place for answers. The short answer is: Buying an existing business is typically lower risk than starting a brand new business. Let's look at why. 1....
Do I need a solicitor to sell a business?
It’s not essential to use a solicitor to sell a business, however, it is highly recommended that you use one. Selling a business is highly complicated and a solicitor will help you prepare the business for sale properly.
Bank Employee Using the “N-Word” Was Unfairly Dismissed
An employment tribunal (Employment Judge Lewis sitting with lay members) has considered whether the dismissal of a manager who used an offensive racial term during a race education training session was unfair or discriminatory. Mr Borg-Neal was a manager at Lloyds...
Can I stop my employees working for competitors?
You can’t stop employees from working for your competitors. What you can do is include post-termination restrictions in contracts of employment.
What are loan notes? FAQs answered
A loan note is an agreement between a company and an investor. Typically including interest, the investor agrees to make a loan to a company, repayable on an agreed date.
What is due diligence when selling a business?
Due diligence is the process involved when a buyer requests from the seller any documents, data, and other information about the company the buyer wishes to purchase. The buyer then reviews the information and documents to identify any potential liabilities or roadblocks that could affect the transaction.
Polo Club Logos Were Not Infringing Trade Marks
The High Court has dismissed a claim for infringement of certain registered trade marks, passing off and conspiracy to injure by unlawful means, and ordered the revocation of the defendants' marks to the extent that they admitted non-use. The case was brought by...
Judge’s LinkedIn Posts Did Not Mean She Was Biased
There's a principle in the English Court System that Judges should be independent and unbiased. A judge faced with an actual bias will often recuse themselves (recuse means remove themselves from the case). There's another type of bias, called apparent bias, which is...
CMA Review in to Will Writing, Pre-Paid Probate and Quick Online Divorces
On 24 July 2023, the Competition and Markets Authority (CMA) announced an investigationinvestigation into unregulated legal services, such as will-writing and "quickie" divorces, following consumer complaints about such services. The CMA is keen to hear about people's...
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Sarah Thompson
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815.555.5555