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In share purchase agreements (SPA), provision is usually included for the buyer to give notice of a potential claim for a breach of warranty within a certain time period by providing details of the nature of the claim, with sufficient detail. The...
In our last article on unfair prejudice petitions , we covered what exactly the petitions are, who can bring a petition for unfair prejudice and what the test is to demonstrate unfair prejudice. In this article, we will examine the remedies available to a...
Eviction notices are a critical tool for landlords in managing rental properties. Whether you're dealing with non-payment of rent, breaches of the tenancy agreement, or simply need to regain possession of your property, understanding eviction notices...
Shareholders of a company can sometimes be subjected to unfair prejudice because of the conduct of the directors or fellow shareholders of the company. Traditionally, unfair prejudice petitions have been a tool used by minority shareholder to protect their...
The recent rumours regarding changes to the CGT rates and the entrepreneurs reliefs created a surge in business sale transactions in the second half of this financial year. Now that the government’s changes have officially been announced, its...
In a landmark decision bringing conclusion to the trial of the former directors of British Home Stores Group, the court has held the former directors joint and severally liable for breaches of their statutory duties which caused the company to wrongfully...
Late payments continue to challenge small and medium-sized enterprises (SMEs) across the UK, as outlined in the 2023 Prompt Payment and Cashflow Review. The report reveals that 62% of small businesses experience delayed payments on a regular basis, severely...
A confidentiality agreement, also known as a non-disclosure agreement (NDA), is a legally binding contract designed to protect sensitive information from being disclosed to unauthorised parties. These agreements are widely used in various business settings...
A partnership agreement is a critical document that outlines the terms and conditions governing a business partnership. This legally binding contract is essential for preventing misunderstandings and disputes between partners by clearly defining roles,...
Navigating the complexities of business structures is essential for any enterprise, and choosing the right formation can significantly impact your success. A limited liability partnership (LLP) is a unique business structure that combines the benefits of...
