General

• Share Sales – Skeletons in the Corporate Cupboard Must Be Disclosed

  • Posted8 September 2023

  Skeletons in the corporate cupboard may dramatically reduce the value of shares but their existence must generally be fully disclosed prior to a sale. The vendor of a care home...

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• Lending Money to Your Company? How and When Will You Be Repaid?

  • Posted22 August 2023

  Shareholders and directors commonly lend money to their companies with a view to providing working capital or otherwise assisting their businesses. However, as a Court of Appeal ruling made plain,...

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• Directors’ Duties are a Quid Pro Quo for the Privilege of Limited Liability

  • Posted9 August 2023

  In return for the privilege of being able to do business with the immeasurable benefit of limited liability, company directors must observe a range of duties and obligations that are...

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• Talk is Often Just Talk – Commercial Contracts Need to Be in Writing

  • Posted18 July 2023

  Claims that binding contracts have been reached orally or on a shake of hands are commonly made, but are very hard to prove. A Court of Appeal ruling in the...

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• Do You Understand the Ramifications of Entering Into a Contract Adjudication?

  • Posted28 June 2023

  Anyone who engages in contract adjudication proceedings would be wise to assume that the outcome – regardless of whether it is right or wrong – will be legally binding and...

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• What to Do with a Deadlocked Company? High Court Gives Guidance

  • Posted13 June 2023

  What is to be done when a company falls into paralysing deadlock, with equal shareholders unable to agree about anything? A judge addressed that issue in a case concerning a...

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