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Corporate & Commercial

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5 reasons why you should put a Shareholders’ Agreement in place

A Shareholders’ Agreement is a contract between shareholders that documents their rights and obligations to each other, and often also to the company.  Shareholders’ Agreements usually have a purpose of providing a framework for decisions to be made, and disputes to be resolved. So why should you put one in place? To manage and resolve […]

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Budget – Spring Statement 2022

Today’s Spring Statement was an opportunity for Chancellor Rishi Sunak to provide an update on the UK’s economic position, and to review taxation. It was delivered amid the most extreme rises in the prices of energy, food and fuel in recent years, and with inflation having reached a 30-year high as a result of the […]

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(UK) GDPR: Consequences of Non-Compliance

In her latest blog, Aisha Akhtar discussed the measures that each organisation needs to evidence in order to comply with the UK General Data Protection Regulation (GDPR). If you haven’t read that blog already, you can read it here. In the run up to May 2018, when the GDPR first came into play, many organisations […]

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Deferred Consideration and Earn-out: What to consider for buyers and sellers

Deferred Consideration When selling a company, it is not always the case that you will receive the full purchase price that you have agreed for your shares on the day you complete. Quite often, buyers will structure offers in a way that includes an initial payment followed by periodic payments thereafter. These further payments are […]

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Information Commissioner’s Office: A public consultation

As many of you will already be aware from your own involvement in the data protection world, or perhaps having read one of our recent blogs, the Information Commissioner’s Office (ICO) is the body responsible for regulating information rights, including personal data. The ICO are not just responsible for data protection under the UK GDPR […]

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Can your organisation evidence its compliance with the UK GDPR?

Organisations are required to take responsibility for what they do with personal data and be able to demonstrate that the steps in place protect people’s rights (Accountability Principle). This is one of the key principles of the UK GDPR which places an onus on organisations that act as data controllers* to operate in a UK […]

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Autumn Budget 2021 – What has been announced for businesses?

Today Chancellor Rishi Sunak has announced his Autumn Budget for 2021, which has been eagerly awaited by the general public.  A number of key announcements had been made prior to the main Budget, including the rise in the national Living Wage from £8.91 per hour to £9.50 per hour, the U-turn on the public sector […]

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Using a Non-Disclosure Agreement to protect your business’s secret info

There can be a lot of things to think about when someone offers to buy your business. However, one of the most important things you should keep in mind is how can you protect your business’s secret information. What is the problem? The reality is, no buyer will go through with a genuine offer for […]

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The Data Protector: appointing an EU GDPR representative

Brexit day may now be in the back of our minds, but the legal changes that it has brought have been a minefield for UK businesses to navigate. Many will remember when the EU General Data Protection Regulations (EU GDPR) originally came into play back in 2018, when the UK was still one of the […]

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Achieving Synergies in Business Acquisitions

Many acquisition targets today are sought after and evaluated based on expected “synergies”. This is the buzzword used in the mergers and acquisitions market when analysing the expected overall increase in profit once a new business is acquired and incorporated into a pre-existing organisation. The difficulty is, actually achieving those synergies is a difficult task […]

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Importance of reviewing business Terms and Conditions

What are Terms and Conditions? Terms and conditions set out the basis upon which your business acts and their importance should not be overlooked when either starting up a new business venture or when growing your business into the future. Accurate and comprehensive terms and conditions provide parties with clarity in respect of commercial terms, […]

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What is a Certified B Corporation?

A Certified B Corporation is the only certification, obtained via the non-profit organisation B Lab, which verifies a company’s success in achieving the ‘highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose’. To achieve this certification, businesses must go beyond decision making that centres around attaining […]

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