79 results found

Share Purchase Agreements (SPAs) often include earn-out provisions, which align buyer and seller interests but can lead to disputes over definitions, post-sale control, financial reporting, and payment timing. Clear drafting, third-party audits, and dispute resolution mechanisms help mitigate conflicts.

Chancellor Jeremy Hunt has announced the abolition of Multiple Dwelling Relief (MDR) for Stamp Duty Land Tax (SDLT) effective June 1, 2024. The change targets misuse of the relief but may affect property developers and investors.

Directors must adhere to duties under the Companies Act 2006, including acting in the company's best interests and avoiding conflicts of interest. Breaches can result in personal liability, financial penalties, and removal, underscoring the importance of compliance.

In an ideal world, everyone in business would get along, with no disagreements between owners and a shared vision for the future of the company.

Contracts are fundamental to business operations. Key elements include offer, acceptance, consideration, and intent to create legal relations. Enforceability also depends on factors like legal capacity, certainty of terms, legality, and execution, ensuring contracts are legally binding and valid.

Under English law, minority shareholders have statutory rights designed to safeguard their interests, though enforcing these rights can be both costly and time-consuming.

This marks a key milestone in the UK's post-Brexit legal landscape, strengthening cross-border cooperation and simplifying the enforcement of court judgments between the UK...

At the outset, many people see a Prenuptial Agreement as a simple document signed in 2024 that will protect their assets in case of a divorce in 2050. Unfortunately, it is not that straightforward.

The article outlines legal remedies for breach of contract, including unliquidated damages, equitable remedies like specific performance and injunctions, and the importance of mitigating losses and reviewing contract terms.

Ronald Fletcher Baker prides itself on providing professional and seamless expert immigration guidance, which is crucial when navigating the court system.

Mahgol Sharili, a Farsi speaking solicitor and the head of the Iran Desk here at Ronald Fletcher Baker LLP discusses the opportunities for businesses in Iran since sanctions relief was announced on ‘Implementation Day', 16 January 2016.

Partnerships can be established formally through a partnership agreement or informally under the Partnership Act 1890. While the ease of informal formation is often advantageous, it is also a common source.

Shareholder disputes can disrupt business operations and investor confidence. Common causes include conflicting goals, financial disagreements, and mismanagement. Preventative measures include shareholder agreements and regular communication. Resolution methods range from mediation to litigation, with remedies like buyouts, damages, and injunctions.

Shareholder deadlocks, common in closely-held companies, can paralyze decision-making and risk operational stability. Legal mechanisms like shareholder agreements, mediation, and court interventions help resolve these disputes, minimizing business impact.

A CIFAS marker is a record placed by CIFAS, the UK's fraud prevention service, to alert financial institutions about potential fraud risks associated with an individual.

Landlords must ensure service charges are "reasonably incurred" and meet a "reasonable standard" per the Landlord and Tenant Act 1985, with proper record-keeping, transparent communication, and multiple bids to protect against leaseholder disputes.

A landlord can, in certain circumstances, forfeit a commercial lease either by peaceable re-entry to the property or by issuing forfeiture proceedings against the tenant in the event of a breach of the lease terms.