19 Feb 2021
When a shareholder of a company sadly passes away, many questions are brought up surrounding what happens to the deceased's assets. In this blog, we walk you through what useful steps can be used to transfer shares from the deceased shareholder. Relevant documents relating to the shares:…
Corporate
10 Feb 2021
National Apprenticeship Week began on 8 February. This year's theme is 'Build The Future.' With 20 years of experience in progressing employees through apprenticeships, Forbes Solicitors has helped build futures and this year has been no different and has been as successful, despite the…
Corporate
02 Feb 2021
What is a legal dividend? Paying a dividend is the usual way for a company to distribute a share of its profits among the shareholders. Part 23 of the Companies Act 2006 establishes what profits are available for distribution by dividend, and what accounts are required in order to justify a dividend…
Corporate
15 Jan 2021
Following reports from The Federation of Small Businesses (FSB) that 250,000 companies are at risk of closure in the next 12 months, Pauline Rigby, a partner and head of our Corporate team, looks at the restructuring options that can rescue businesses. Restructuring is often overlooked by…
Corporate
14 Jan 2021
Since the key case of R on the application of Mercury Tax Group and another v HMRC [2008] EWHC 2721 was heard over a decade ago, there have been significant developments in respect of the understanding of electronic signatures of legal documents, when they can be used, and their enforceability.…
Corporate
04 Jan 2021
Back in October, we highlighted the importance of directors being aware of their duties to the company and the risks that they take if they do not ( read our previous article here ). A recent case in the High Court has again emphasised the importance of a director's duties, specifically to…
Corporate
30 Nov 2020
Private Equity (PE) is a form of alternative investment of capital into companies which do not trade on the public exchange. The funding comes from investors (high-net-worth individuals) and firms who invest directly into private companies or acquire control of public companies with the plan to take…
Corporate
26 Nov 2020
An in-specie contribution is a viable alternative to transferring cash into a pension scheme, and can include assets such as property or shares. Problems can arise where the shares held in the pension scheme are bought back by the company for cash. A private limited company can make use of a…
Corporate
25 Nov 2020
It is becoming increasingly more important to ensure that the terms within a contract are clear and address all the necessary points and provisions. Any areas of uncertainty, no matter how minor, provide opportunity for disputes to arise between the parties. In September 2020, Liverpool FC won a…
Corporate
03 Nov 2020
UK Ltd [2020] EWCA Civ 1228v The Court of Appeal unanimously upheld the High Court's decision confirming the ordinary legal meaning of 'goodwill' was applied in the context of a contractual construction on the exclusion of liability clause in a SPA for lost 'goodwill'.…
Corporate
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