Category: For Businesses
Personal liability for directors
This is the first in a series of three articles exploring how a director may incur personal liability in relation to their company. The second article will look at a director’s potential personal liability when a company enters into Liquidation or Administration, and the final article explores liability for a director that may occur even... Read more »
Funding Options for Legal Services
Solicitors have an obligation to consider their clients’ funding options from the outset, particularly in litigation, and throughout the course of the matter. With a rapidly growing legal funding market, many bespoke funding options are now readily available. As a result, the obligation to inform clients about the various funding options has become even more... Read more »
What to do and what not to do if you are a director of a Company in Financial Trouble
The Government’s statistics for company insolvencies in the period July 2023 to September 2023 showed that in the second and third quarter they were at the highest level since the second quarter of 2009, and the uptick appears to continue. Directors of companies facing financial trouble need to be aware that if they are found... Read more »
Becoming a Specialist in Recruitment Law
A specialist in recruitment law? That’s a bit niche, isn’t it? How on earth did you end up doing that? These are questions that are often posed by clients, colleagues, and friends; and even by myself every now and again! Recruitment law is indeed a niche field, but it offers a fascinating blend of legal... Read more »
Funding Litigation Claims
In today’s complex legal landscape, pursuing a legal claim or managing a legal issue can often be expensive. This may deter individuals from pursuing a claim or mean that they are unable to do so. However, the evolving field of litigation funding provides various avenues to make legal representation more accessible. This article examines several... Read more »
Succession Planning For Your Business – Part 3 – Share Structures and Directorships
If you are going to be retaining shares in your company even after you have exited the business, you will need to think carefully about the shares structure you have in place. See my article on share types for more information about the rights attaching to shares, the types and classes available. In order to... Read more »
Succession Planning For Your Business – Part 2
So, you’ve carefully audited your business to ensure that everything behind the scenes is full, accurate and up to date. (see Part 1 of this series for areas you need to consider). What are the options now available to you and what will you need to think about? You stop working as a full-time employee... Read more »
Succession Planning For Your Business – Part 1
So, you’ve worked hard and spent years perfecting your skillset within your industry. You’ve built up a fantastic business and are now looking to take a step back from the coal face and maybe even retire. What are the options available to you? What will you need to do? There are many options available to... Read more »
URGENT!!! But is it really?
Is it really urgent? Or are you just spiking my cortisol levels unnecessarily? These days so much of what I receive is marked “urgent”. If I was pilot or a surgeon, I would understand the urgency of a request to do something. But I am not. I am a lawyer. And in reality, there is... Read more »
What’s in a share?
You and your business partners have got your business idea, a little funding and plenty of ideas and enthusiasm. Your accountant may have advised you to set up as a limited company, or you may have decided to do this. So now – what about your shares? They’re all the same, right? WRONG! There are... Read more »