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Employee Ownership Trusts (EOT) – Key Considerations

Employee Ownership Trusts (EOT) – Key Considerations

Employee Ownership Trusts (EOT) – Key Considerations Employee Ownership Trusts (“EOTs”) are a great way for shareholders to sell their companies for the best value in a more tax-efficient way than a traditional trade sale. EOTs were introduced by the...
The significance of “all reasonable endeavours” clauses

The significance of “all reasonable endeavours” clauses

The significance of “all reasonable endeavours” clauses Contractual obligations are normally absolute and failure to fulfil an obligation will be a breach of contract. Endeavours clauses are therefore used when a party is only prepared to “try” to fulfil...
Tenants: Can a break clause be used to re-gear my lease?

Tenants: Can a break clause be used to re-gear my lease?

Tenants: Can a break clause be used to re-gear my lease? Over the last year, many landlords and tenants have been reviewing their lease arrangements with a view to reducing costs or risk. When existing lease terms are renegotiated between landlords and tenants, this...
Bellway Homes’ Record Fine for Wildlife Crime

Bellway Homes’ Record Fine for Wildlife Crime

Bellway Homes’ Record Fine for Wildlife Crime When assessing a planning application for a proposed development, planning authorities must consider whether any protected species are likely to be affected. If there are protected species on site, planning conditions may...