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Legal Advice  -  Quick Guides

Beware when buying a bust business

Purchasing from a liquidator

While pricing can be attractive, buying a distressed company has its pitfalls. Here are the traps to watch out for when you're bargain-hunting, writes Teri Hunter, a partner at corporate law firm Moorcrofts.

Consumers are being given more rights

Changing consumer legislation

The EU is set to standardise and extend consumer legislation. Jennifer Edwards, an associate at law firm Thomson Snell & Passmore, looks at what that means for UK businesses.

A US court may not respect UK law

UK contracts in US courts

When a UK seller and a US buyer agree that English law will govern their contract, it doesn’t necessarily mean an American court will respect that agreement.

Act quickly when chasing payments

How to wind up a corporate debtor

Non-payment of an invoice is a serious issue. When all else fails, you may have to consider a winding-up petition, writes Sarah McLennan, an associate at law firm Faegre & Benson.

Commercial tenants

Using your power as a tenant

In the current market, commercial tenants are now in a position to negotiate more favourable lease terms, writes Bonita Backhouse, a senior associate from law firm Thomson Snell and Passmore. 

Directors' home addresses can be kept private

Directors can keep residential address private

At present the names and home addresses of directors of companies registered in England and Wales are publicly available. This is to change, writes Marc Jones, a solicitor at Russell Jones & Walker.

The de facto director trap

When a business becomes insolvent, it's not only formally appointed directors who could be held legally responsible, writes Sam Pandya, an associate at law firm Matthew Arnold & Baldwin.

Surviving corporate litigation

Business owners are used to stress and conflict, but few relish the tribulations of a legal battle. Here's some tips for making a painful process go as smoothly as possible.

Liabilities when buying an insolvent business

A business that’s gone bust can represent a real opportunity for a canny acquirer, but the legal rights of the existing employees must be taken into account.

Taking another company to court

Litigation is often seen by businesses as a waste of time and money, but if you handle it in the right way you can minimise costs and maximise returns. Sarah Murray, an associate at law firm Stevens & Bolton, explains.

Thayne Forbes, Intangible Business

A new home for your IP

David Bowie’s done it. Guess? has done it. Dunkin’ Donuts has done it. And Yale University’s done it. They have all created special purpose vehicles for their intellectual property, writes Thayne Forbes, joint MD of brand valuation consultancy Intangible Business.

Q&A: Publishing useful links on websites

We publish links to other firms on our website. Is it advisable to include a disclaimer on our site to avoid possible legal issues and, if so, what should it cover?

Q&A: Getting value from lawyers

How do you turn the relationship with your lawyer into a meaningful one and avoid any unnecessary cash leakage from a young business?

Q&A: Getting legal advice without wasting money

How do you turn the relationship with your lawyer into a meaningful one and avoid any unnecessary cash leakage from a young business?

Research

  • From video games developers to firms of architects, creative businesses of all kinds struggle to get adequate financing due to a misconception that they cannot be analysed systematically, claims a new report. The study comes from the Centre for Creative Business (CCB), a joint venture between London Business School and University of the Arts London.

Directors' Pay AIM 2009

What should an AIM company pay its CEO or FD?
What should a non-executive director or chairman expect to be paid?
What benchmarks should AIM remuneration committee members be using when
setting pay?

VCT Special Report 2009

This reports principle aim is to provide business owners seeking funding with information about the amount of funds that VCTs have to invest.

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Store

AIM Guide 2009/2010

The 2009/2010 AIM Guide contains essential information for anyone interested in the Alternative Investment Market.

Business XL

Business XL is written by leaders for leaders. The magazine is a fountain of inside information and knowledge, which can only be delivered by people who have started, bought and grown their own business.

M&A Magazine

M&A Magazine is the leading mid-market monthly corporate finance publication in the UK.

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Poll

What should Alistair Darling deliver in the Budget?




Have your vote on current issues

Videos

Punch above your weight

Jos White, who sold his company MessageLabs for $695 million, on why it's so important to act like a bigger business than you really are.

John Cleese, Video Arts

Meeting menaces: The Waffler

More tips from John Cleese, who reveals how to stop a waffler in full flow.

Ian Cheshire, B&Q

Reducing energy usage

Ian Cheshire, chairman of B&Q, explains how the store has saved 10,000 tonnes of carbon emissions.

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Events Calendar

The Media Magnate Awards 2009

26th March, Vinopolis, London

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Business Legal Advice

Legal advice, guides and analysis to business legislation for growth businesses. Subjects covered include: corporate litigation, insolvency, tax implications when buying or selling companies, copyright issues, managing relations with lawyers and much more.