Premium solicitor services London, UK? We currently have two offices across London and Essex, but we regularly act for individuals and business in other areas of the UK. You can view our locations map here. Outside of the law, Kush has an avid interest in Formula 1 and property refurbishment. He has watched the Friends box set a number of times (but, then again, who hasn’t….?). See additional details at solicitor London. We put our clients at the centre of our thinking. It is our mission to create an effortless experience and, in return, we hope to create clients for life.
Our unique selling point is that we understand what clients want from their lawyers. We will manage your transaction proactively, with careful attention to detail while never losing sight of the bigger picture. While working with us you will have access to our strong network of other professionals such as accountants, independent financial advisers and bankers. Management Buy-Out and Buy-In transactions often arise out of shareholder or board disputes but can also have a friendly and informal nature.
A share buyback is often (but not always) used during shareholder exits and is an effective way to extract cash from the company to realise the value of the shareholding or alternatively to return excess cash to a shareholder. Share buyback transactions can be highly tax-efficient but must comply with the strict provisions of Part 18 of the Companies Act 2006. Any breach of such provisions will result in the transaction being void which means it will be treated as it never happened i.e., the seller will be treated as if they continue to own the shares and the payment for the shares is liable to be returned to the company (which the company might find it difficult to recover). In addition, every officer of the company will commit a criminal offence. In other words, getting things wrong can have serious adverse legal and tax implications. See more details at https://www.birdilaw.com/.
A failure to comply with FSMA is a criminal offence and could result in any earnings you make being treated as the proceeds of a crime under the money laundering regulations. Notwithstanding this serious point, ensuring that you comply with FSMA will verify and increase your credibility and professionalism from your investor’s perspective. Not doing so could have the opposite effect. We are well-versed in advising and project managing matters involving: Pre-Seed (including family and friends) and Seed (including angel investment) Funding; Term Sheets and Cap Tables; Founders’ and Investment Agreements (including negotiation of warranties and indemnities); Bespoke Articles of Association to comply with EIS/SEIS legislation if applicable; Share Options (including sweat equity options); Loan Note Instruments and Finance Documentation; Company Secretarial tasks.
Litigation – as well as being expensive – can last for a long time; often many months and sometimes over a year or longer than that. The process is likely to require a significant input of your time and may have a dramatic impact on your daily life. If your case involves legal issues which are not clear-cut, we will carefully consider the legal merits of your case but there is no guarantee that a judge will arrive at the same or similar conclusion. This is an inherent characteristic of complex legal disputes.