With over 800,000 businesses incorporated in the UK every year, it is no surprise that business assets and in particular the disposal of business interests are often a significant issue when dividing assets between separating spouses in financial remedy proceedings. The landmark case of White v White [2000] introduced the starting point of an equal
Corporate and Commercial Law Blog
Blog Authors
Latest from Corporate and Commercial Law Blog
KN Spring Budget Briefing 2024
The theme for the 2024 Spring Budget we were told, repeatedly, was ‘lower taxes mean higher growth’. Although there were a number of areas touched upon by Jeremy Hunt, the Chancellor of the Exchequer, the KN Spring Budget Briefing 2024 looks at some of the most important changes and how they might impact our clients.…
Anatomy of a deal – The 9-step guide to selling your business part 3
In our ongoing series, “Anatomy of a Deal – The 9-step Guide to Selling Your Business,” we’ve been breaking down the intricate steps involved in selling a business to provide clarity and guidance to business owners embarking on this journey.
In the previous blogs (part 1 and part 2), we’ve covered crucial aspects…
Anatomy of a deal – The 9-step guide to selling your business part 2
In part 1 of our Anatomy of a Deal blog series, we explored the initial stages of the sale process. In part 2 , we now delve into the complexities of transaction documents, disclosure, and ancillary documents.
While the due diligence is ongoing, the solicitors will start preparing the binding documents required to implement the…
Anatomy of a deal – The 9-step guide to selling your business part 1
Business owners spend many years and a lot of effort building their businesses to the point where they can look to sell it, building a wide range of skills and tactics to deal with issues that arise. However, the process of buying and selling companies is often outside their experience and can seem overwhelming. In the…
Contrasting Industrial Strategies for Technology in the UK: Labour vs. Conservative Perspectives
The future of technology in the United Kingdom has become a cornerstone issue in recent political discourse. Ahead of the upcoming general election later this year, the Conservative and Labour parties are each in the process of setting out their stalls and heralding their visions for the nation’s future, technological landscape.
The Labour Vision
In…
Legal Agony Aunt for Tech Episode 1 – IP ownership issues
‘Dear KN, I’m a founder of an early stage tech start-up and things have been going well so far. Having deferred certain matters whilst bootstrapping and starting a family, i’m starting to worry about whether the IP rights in the software platform we’ve spent so long creating are protected. What should I be thinking of in…
Legal Agony Aunt for Tech Epiosde 1 – IP ownership issues
‘Dear KN, I’m a founder of an early stage tech start-up and things have been going well so far. Having deferred certain matters whilst bootstrapping and starting a family, i’m starting to worry about whether the IP rights in the software platform we’ve spent so long creating are protected. What should I be thinking of in…
Court of Appeal Slams the Brakes on Automatic Conversion of Shares
A decision of the Court of Appeal last year in the case of DnaNudge v Ventura Capital casts doubt on the application of articles which are commonly used by companies with outside investors.
It was held that the purported conversion of a class of preferred shares into ordinary shares was void under the company’s articles.…
Changes affecting financial promotions for High Net Worth Individuals and Sophisticated Investors: what you need to know
As of 31 January 2024, significant changes are set to take effect in the certification process for high net worth individuals (HNWI) and sophisticated investors.
These amendments, extending across England, Wales, Scotland, and Northern Ireland, will impact the financial promotions landscape, requiring individuals and firms to adapt to the new rules.
Financial Promotions – An…