Sold to an EOT – Who can be a trustee? When you are considering selling your shares to an Employee Ownership Trust (EOT), thought will need to be given to how the trust will be run after the sale has completed. Success of the trust will be important to you, as the...
Selling your business – is an EOT the answer? You may have heard of EOTs, and how they are an option for business owners to realise the value of their business. An EOT is an Employee Ownership Trust, which is a trust that allows a company to become owned by its...
What are Employee Ownership Trusts? Are you looking to sell your business whilst also giving back to your hardworking staff? Typical share sales of businesses frequently lead to: A full due diligence process given the buyer’s lack of knowledge of the business and full...
M&A Outlook – the news should be more positive No one could blame you for having a less than optimistic outlook for M & A activity for the coming year. The global media machine is bombarding you with banking crisis headlines. We are faced with the highest...
Directors’ Duties – The Creditor Duty The creditor duty refers to the duty of directors to consider and give appropriate weighting to the interests of creditors during the event that the company is approaching insolvency, or when the directors ought to...
Top Tips for correctly filing company shares Michelle Lamberth – Corporate Governance specialist, sheds some light on the importance of accurately filing new share allotments, and share changes with Companies House. This podcast will help businesses to avoid...
Top tips for transferring company shares Michelle Lamberth – Corporate Governance specialist, explains how transferring company shares is not as simple as you may think, and the processes you should follow to avoid mistakes that can be costly further down the...
How do I remove charges and restrictions where the lending company has been dissolved? When taking out a mortgage for a property purchase, a lending company will likely require a restriction to be placed on the property’s register at the Land Registry for its...
The New FCA Consumer Duty – How does it impact firms? In July 2022, the Financial Conduct Authority (FCA) published its final policy, rules and guidance on the new Consumer Duty (“the Duty”). Subject to some exclusions, the Duty applies to products and services...
Director disqualifications in 2022 Director disqualification in respect of dissolved companies is not a new principle (in fact the key piece of legislation has been in force since 1986), but in 2022 there is certainly a greater risk of it arising as a result of the...
