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Legal Article

Shareholders Agreement - what they are and why you need one

24 Jun 2020

Owning a company on your own is great, it means you have ultimate control over any decision which the company makes, without having to consider what anyone else thinks. However, as soon as a company is owned by more than one person, things become a little more complicated. The more shareholders of a…

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Forbes News

Forbes Solicitors Announces 35 Promotions

24 Jun 2020

Leading law firm Forbes Solicitors has made 35 promotions as it continues to strengthen its commitment to people development and recognise outstanding client service. There have been seven promotions to Partner across a number of the firm's specialisms and offices throughout Lancashire and…

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Legal Article

Corporate Insolvency and Governance Bill 2020

10 Jun 2020

The government is seeking to provide support to companies that may be facing financial difficulties by introducing new measures designed to maximise chance of survival. The Bill will temporarily suspend parts of insolvency law and amend Company Law and other legislation to relax rules around company…

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Legal Article

How can I buy a property owned by a company?

27 May 2020

The most obvious answer is to simply buy the property, as a company asset, from the company. But there is another option - to buy the company itself! Whilst this may not be the immediately obvious choice, there can be benefits to this - but each option needs to be considered on its merits. Here are some…

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Legal Article

COVID-19: Emergency changes to insolvency law

03 Apr 2020

Last week, the Business Secretary announced temporary changes to insolvency law in order to protect businesses from the effects of the current COVID-19 (coronavirus) pandemic. The impending legislation will introduce a new moratorium for businesses and will suspend wrongful trading laws for the duration…

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Legal Article

COVID-19 and AGMs

31 Mar 2020

The AGM season is well under way for many businesses, but recent restrictions on group gatherings, and the UK 'lockdown' as a result of COVID-19 is posing difficulties for meetings to be held as planned. Businesses may find themselves in a position where holding an AGM is no longer possible…

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Forbes News

COVID-19 - can electronic signatures avoid meeting in person?

20 Mar 2020

In the wake of the pandemic virus and the current threat it poses on the workforce, many businesses have deployed remote working for the health and safety of their employees. This raises the issue of whether documents can be signed electronically to avoid meeting in person. Can I use an electronic…

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Legal Article

COVID-19 and Breach of Warranties

19 Mar 2020

The ever changing circumstances and consequential advice relating to public health and COVID-19 may have adverse impacts on ongoing business transactions, in particular relating to warranties that are provided for in sale and purchase agreements. A warranty is typically provided by the seller to…

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