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What Are The Benefits Of Having A Partnership Agreement?
Under English law, there is no legal requirement to have a written partnership agreement if you’re going into business with another person. The act of carrying out business with someone else actually means you are legally considered partners under the Partnership Act...
Trademark Ownership: Should It Be in Your Name or Your Company’s?
When registering a trademark, one key decision is whether to do so under your individual name or your company name. This choice has significant implications for ownership, control, taxation, and future business strategies. Below, we outline the pros and cons of each...
What To Remember When Selling Your Dental Practice
Although due diligence is, generally speaking, intended to protect the buyer, it is equally important for the seller when negotiating the sale of a business, as it can streamline completion of the sale. Here, we give an overview of the areas of due diligence specific...
What Are The Costs Associated With Registering A Trademark?
If you are registering your company’s trademark, you will need to pay certain fees in order to do so. Directly registering your trademark with UKIPO (The UK Intellectual Property Office) will incur an application fee which stands currently at £170 when making your...
How Can I Prevent Someone From Using My Trademark?
If your business has spent time and effort in developing its brand, trademark infringement could pose a significant threat to your organisation. It is, therefore, crucial to register your trademark to ensure optimal protection for your brand as well as the services...
Why Is It Important To Get Independent Legal Advice?
There are many circumstances in which obtaining independent legal advice is advisable or even essential in order to ensure optimal protection for the rights, well-being, and interests of the individuals who are involved in the legal situation or transaction....
What Are The Grounds For Refusing Registration Of A Trademark?
Trademarks cannot be registered in the UK if they do not meet all of the appropriate criteria as set out by UKIPO. There are certain grounds on which the registration of a trademark may be refused. A Lack Of Distinctiveness If your trademark does not contain elements...
Is a Management Buyout (MBO) Right for You?
A management buyout (MBO) occurs when a company’s existing management team purchases the business from the owner(s). While this process can be complex, with the right advisors and investors, an MBO can lead to a successful long-term acquisition. How an MBO Works MBOs...
Why Is It So Difficult to Trademark a Colour or Sound?
On paper, trademarking a colour or sound might appear straightforward, provided that statutory and case law guidelines are adhered to. However, in practice, achieving such a trademark is often fraught with challenges—chiefly due to competition. The Case of Cadbury’s...
Who Needs A Shareholder Agreement?
While there are no legal requirements to put a Shareholder Agreement in place, all companies that have two or more shareholders should have one. Shareholder Agreements minimise the possibility of disputes arising between shareholders as they provide procedures and a...