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Does your business need a shareholders’ agreement?

Anna Sivula, Solicitor in AMD’s Commercial team, discusses the benefits of shareholders’ agreements. Shareholders’ agreements should be a key consideration for any private limited company with two or more shareholders. In the absence of a shareholders’ agreement, a company’s internal affairs will be regulated by the Companies Act 2006 and the Articles of Association. For... Read More

Why you might need to restructure your business

No matter the size of your business, there may come a time when a change is needed. Whether you’re looking to expand or downsize, it’s important to consider when it might be appropriate to restructure your business and what the practical or tax implications could be. What it means to restructure your business The term... Read More

What is a joint venture agreement?

A joint venture can take many forms. Taking the widest definition, this can mean a strategic arrangement between two or more businesses, where resources are pooled, to work together on a specific project or an ongoing basis. Joint ventures are a useful way of collaborating with other businesses and to combine different areas of expertise for... Read More

The Importance of Lasting Power Of Attorney

Leaving a will ensures our affairs are taken care of after our death but not everyone considers what happens if they are not able to manage their affairs in their lifetime. We as a population are living longer, and it’s possible that one day you will be unable to manage your own financial affairs and... Read More

FAMILY BUSINESS: HOW TO RESOLVE DISPUTES

Family businesses are not without their difficulties. In the event of a disagreement, it’s often difficult to keep personal feelings and business opinions separate. Below, we look at the issues inherent in family business disputes and how to resolve them. Typical problems with family run businesses In any business, there will be differences of opinion... Read More

Buying a home? What you need to know about insurance between exchange and completion

In the conveyancing transaction there are two key stages. The first is known as exchange of contracts and the second is completion. Once contracts have been exchanged a legally binding contract comes into existence and neither party can legally withdraw from the deal without incurring severe financial penalties. Completion is the date upon which a... Read More

What you should know about due diligence

Grant McCall, Director and Commercial Corporate solicitor at AMD Solicitors, outlines the importance of conducting due diligence on a target business when considering whether to invest or buy shares in the business. What is ‘due diligence’ Anyone investing in or buying shares in a business should raise legal, financial and commercial due diligence enquiries. Due... Read More

EPC changes – what Landlords need to know

Janine Harris, Head of Commercial Property at AMD Solicitors outlines the Government’s phased roll out starting from April 2018 of the EPC legislation on Minimum Energy Efficiency Standards (MEES). What is an EPC? An Energy Performance Certificate (EPC) which is valid for 10 years shows information about the energy efficiency of the property to which... Read More

Prenuptial agreements: Do you need one?

If you are bringing personal or business assets into a marriage, you may benefit from a prenuptial agreement, or “prenup”. These kinds of agreements are no longer just associated with the rich – families from all income levels should consider how to protect their assets in the event of a divorce. Below, we outline what... Read More

Shareholder Disputes And Unfair Prejudice

Disputes between shareholders are not uncommon. Below, we consider shareholders’ rights, and the actions a shareholder may take if they’re concerned that the actions of other shareholders or directors prejudice their shareholding. Rights of shareholders Shareholder rights are found in the Companies Act 2006, in a company’s articles of association or in a shareholders’ agreement.... Read More

Be careful what you wish for – a Court of Appeal case examined

Alison Dukes of AMD Solicitors considers the recent Court of Appeal case of Waggott v Waggott on spousal maintenance. A wife is likely to be regretting her decision to appeal against a spousal maintenance award of £175,000 made against her former husband. He was due to have to pay her maintenance until the death of... Read More

One month to go – is your business ready for GDPR?

Click here to view as a poster WHAT IS THE GDPR? The General Data Protection Regulation (GDPR) will come into force on 25 May 2018 and will replace the existing UK Data Protection Act 1998 (DPA 1998). The GDPR is intended to strengthen and harmonise data protection laws across the EU. Despite ‘impending’ Brexit, the... Read More
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