Category: Business Aquisitions and Disposals

The various specialist civil courts in England and Wales will be reorganised and be officially known as the “Business and Property Courts of England and Wales” from June 2017. They will handle, amongst other matters, international dispute resolution jurisdictions. The courts included within the Business and Property Courts will be as follows:

Well article 50 has been effectively triggered today. Since the referendum there has been a period of uncertainty, but the latest analysis of possible effects on businesses and the probable changes to the law can be better understood.

The law is forever being changed and amended so it often helps to know what’s likely to happen in the year ahead so as a business you can make plans and contingencies. Here are a few “red letter dates” for your diary.

The results of a recent case which is the first such conviction under the new laws have led the Competition and Markets Authority to issue new rules and guidelines for company directors. A director of an online company agreed not to act as a director of any UK company for 5 years after his company was found to have been part of an online price-fixing cartel.

Thinking of buying a business? There may be more to consider nowadays than you might think; due diligence is vital when it comes to deciding whether or not to go ahead with an acquisition, it helps a the potential buyer to decide if the price is right or fair, or if there is any specific risk that can be identified which can be covered by specific indemnity clauses in the sale and purchase agreement and even whether to proceed or not, as previously stated.

So the New Year is a few months old and you’ve decided to start up on your own, good for you! Whatever you decide you want to do, though there are certain things you should never ignore or overlook if you want to succeed.