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Legal Article

Death of a shareholder: what happens to the shares?

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:…

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Legal Article

National Apprenticeship Week

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…

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Legal Article

The Rescue Options if your Company is Facing Failure

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…

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Legal Article

WOW! - Are you exercising independent judgment?

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…

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Legal Article

Private Equity - The benefit of this type of funding for private companies

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…

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Legal Article

Share Buybacks - Proceed with caution!

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…

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Legal Article

The Importance of Clarity within a Contract

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…

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Forbes News

Forbes Solicitors Launches Business 'Sounding Board'

10 Nov 2020

Forbes Solicitors Launches Business 'Sounding Board' In collaboration with business leaders and advisers across the region, Forbes Solicitors is launching its latest initiative, the Sounding Board. This will provide the opportunity for businesses to access a complimentary one-hour…

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