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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...
What Powers Does a Liquidator Hold in Corporate Insolvency?
Many business owners remain unclear about the liquidation process and the role of a liquidator. By understanding the circumstances that trigger liquidation and the powers of a liquidator, business owners can better navigate insolvency challenges. When Does Liquidation...
How Long Does A Trademark Registration Last?
While registering your company’s trademark is important, it is imperative to understand that your registration will not last forever. The process of registering your trademark can take between three and four months, or longer if any objection is raised. However, once...
What Does a Company Secretary Do, and Is It Necessary for My Business?
While hiring a company secretary is no longer legally required, many private limited companies opt to do so because of the critical tasks this role covers. As providers of company secretarial services, we understand the substantial value a company secretary adds to...
How Do I Draft A Shareholder Agreement?
When it comes to drafting a Shareholder Agreement, there are several key components that must be considered and included within the provisions. Here, we take a closer look at some of these vital elements. Shareholder Names Shareholder Agreements are business...
Understanding Due Diligence in the Sale of a Dental Practice
While due diligence primarily protects buyers, it is equally crucial for sellers during the sale of a business. Effective due diligence can facilitate a smoother transaction. Identifying the key areas of due diligence specific to selling a dental practice, will...
How Can I Renew My Trademark Registration?
Your trademark registration remains valid for a period of ten years from the initial date of filing your application, however it must be renewed once that period has elapsed in order to maintain its ongoing protection. Failure to renew your trademark registration will...
What Rights Do Commercial Property Owners Have When Dealing With Squatters?
Squatting is a term used to refer to people entering and staying in a building or land without the legal owner’s consent, which is illegal in the UK and squatters can be arrested, fined or both under current legislation. Individuals occupying a dwelling unlawfully can...