8 pitfalls business owners looking to sell their company should avoid. An OnHand Counsel Introductory Guide
This Introductory Guide will help business owners who want to sell their business to anticipate and navigate 8 common pitfalls
8 pitfalls business owners looking to sell their company should avoid
This Guide will help business owners who want to sell their business to anticipate and navigate 8 common pitfalls
Company sale pitfalls: marketing your company for sale
Here are a number of tips on how to go about marketing your company for sale to get the best possible deal
Company sale pitfalls: Failing to plan for an exit
Thinking of selling your company one day? The importance of having clear objectives and exit plans.
Company sale pitfalls: Not getting paid – the deferred payment
How can you reduce the risks or protect yourself if any of the purchase price on a share sale is to be deferred, whether on the pretext of an earn-out deal or not?
I overpaid because you lied to me
Nov 2018 I’m not into football much myself but this recent Court of Appeal case relating to the sale of Nottingham Forest FC raises interesting non-football-related legal issues about how sellers can try to wriggle free from being liable for making lies which persuade buyers to buy.
The importance of checking your contracts
12/6/18 3 related articles here...Whilst it’s nice to be able to put a written business contract away in a drawer once it’s been negotiated and signed, a few recent cases highlight the importance of making sure you carefully read and follow any procedures they may provide for.
Pre-packs – administrators’ duties
March 2018 IP nicks phoenix fee: If you know you have a potential conflict of interest you should try all the harder not to be adversely influenced by it. When marking team squash matches I tend as a result to give more decisions in favour of the opposition. Playing a cricket match I once in my stint as umpire gave a hat-trick (nearly) of LBW decisions against my teammates. The last of them was a close combat instructor for the marines who gave me the 1,000 yard stare in the bar for the rest of the evening. I now try to avoid umpiring whenever I can...
How much do professional advisers have to care for their clients?
Jan 2018 Professional advisers out there will be pleased to know that a number of recent cases have confirmed that they do not have to care too much about their clients. In one recent High Court case,..
Restrictive covenants case – form over substance
July 2017 A case about what I think is quite a silly way for the law to treat restrictive covenants...If you are entering into a business deal with someone, whether they are selling their business to you as part of which you are expecting to take over their customers, or providing services to you as part of which they could get to know your customers, you might well want to add a ‘restraint of trade’ or ‘restrictive covenant’ clause to your contract saying that after your business deal has ended they must not try to steal your customers or compete with your business. There is a whole lot of law about whether such clauses will be enforceable or not...