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Selling your company – handle warranties with care

After years of hard work building up a business, the prospect of selling it on to another company or the current management team will be the light at the end of the tunnel. Unless you are a serial entrepreneur, a more leisurely life is ahead when the stresses and strains of running a business will […]

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Beware employment law pitfalls when using agency workers

Some sectors, such as healthcare and construction, rely on a ready supply of temporary staff, and it is a rare business that does not need to use agency workers from time to time.  The rights of agency workers have been under considerable government scrutiny recently, and changes are on the horizon that will affect any […]

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Merging with another privately-owned company

Merging with another privately-owned company

A merger occurs when two companies, which are often about the same size, agree to join together to form a new entity. Mergers are friendly, whereas acquisitions tend to be more hostile and occur when a target company realizes that they have no option but to ensure their survival by being bought by the other […]

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Contract termination – securing the right to walk away

When negotiating a contract it is easy to become fixated on the terms governing who will do what, by when and for how much.  However, equal thought needs to be given to what happens if things go wrong and in particular your rights of termination. As Olexandr Kyrychenko commercial contracts lawyer with IMD Solicitors in London explains: ‘There are a […]

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Seize the day! … if your vehicle has been seized.

If you operate a haulage company you may be contracted to transport goods to the UK and you may find that your driver has been stopped by the Border Force when attempting to enter the UK. Then you may find that you receive and/or your driver is handed a Notice of Seizure. It is not […]

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Clandestine Entrants – Appealing a Fine or Vehicle Seizure

A clandestine entrant is an individual who enters the United Kingdom illegally by hiding in a vehicle in order to avoid immigration controls. As an operator or a driver of a commercial vehicle, you are responsible for ensuring that you have secure systems in place to prevent this happening to you and that no clandestine […]

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Buying a business: are you getting shares or asset?

The opportunity to purchase a competing or complimentary business provides an important route to expansion, but it is important to be clear about what exactly you are acquiring in a business – whether this is via shares or assets. According to corporate specialist, Olexandr Kyrychenko with IMD Solicitors in London, Manchester and Birmingham ‘It is crucial that any […]

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Are you liable for the misdemeanours of your employees?

What do the following have in common? A managing director punches an employee; a self-employed doctor sexually assaults a bank’s prospective employees during pre-employment medical checks; a petrol station attendant violently assaults a customer; and an IT auditor releases personal data for staff at Morrisons? The answer: the employer was held for each of these incidents. In light of recent […]

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Can we help you get your business out of financial trouble?

All businesses have times during which receipts of income slow down, suppliers do not deliver, and customers close or go to a competitor.  While it is a necessary business skill to be able to take the rough with the smooth and concentrate on how to counteract unforeseen events, would you be able to spot the […]

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