Business
Latest Business News
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Earn-Out Provisions, Seller Beware
When selling a company, it is sometimes the case that part of the purchase price payable to the seller is payable on deferred terms. If the deferred part of the purchase price is linked to the future performance of the business over a specified period of time, such part is often called an “earn-out” payment.
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New DEFRA guidance on Biodiversity Net Gain
The Department for Environment, Food and Rural Affairs (Defra) published guidance for England entitled “What…
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Charities Now Given Greater Choice When Seeking Advice On Land Disposals
New Regulations made aiming to give charities more choice on who they can take advice…
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New guidance on reasonable adjustments for mental health guidance for workers and employers
ACAS launched on 17 April 2023 new guidance relating to those who need reasonable adjustments for mental health at work. They have outlined what considerations should be taken into account and what practical steps employer should be aware of.
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Older and Wiser
Many older people are retiring from their career, for various reasons, such as reaching an age where they can take their private pension. However, they are finding they need something to enhance their quality of life and keep them in a social environment and although is a protected characteristic under the Equality Act 2010, however, ageism throughout the recruitment process and in the workplace still exists and prevails.
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How Long Does Probate Take if There Is a Will?
Probate of a Will is the process which sees a deceased person’s assets (money, property and possessions) distributed in the way they have determined in their Will. There are strict procedures set out by law that the executor (the individual responsible for putting a Will through probate) must follow.
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A Gentleman’s Word Is His Bond
We all know the saying but is it enough to do business on a handshake and a promise, and when can an agreement be interpreted as a binding contract?
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Is Now A Good Time To Update Your Employment Contracts?
Trainee Solicitor Imran Ilias looks at what could be missing from your Employment Contracts this year.
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Are you liable as a director during commercial litigation?
Commercial litigation slightly differs from civil litigation, whereby it involves businesses or organisations rather than individuals. Despite this, however, if you are a company director, you may find yourself held personally liable in some situations.
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What is the dispute resolution process for commercial litigation cases?
In Commercial Litigation cases, disputes can lead to escalating conflict which is why dispute resolution plays a key role. Although some disputes can end up proceeding to court hearings, most Commercial Litigation cases settle without reaching trial. This is largely due to the encouragement for parties in disputes to consider forms of Alternative Dispute Resolution, or ADR (see below), throughout the process of a claim.
