When a business is under financial pressure, corporate debt restructuring can offer a lifeline. Helping companies survive, regain control of their finances, and protect stakeholder interests, it’s a practical way forward that avoids the harsh consequences of insolvency. In this guide, we take you through the key aspects of corporate debt restructuring, from the options […]
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Change is often necessary for survival and growth, whether due to economic shifts, evolving market demands, technological disruption or financial distress. One of the most strategic ways a company can adapt is through corporate restructuring. In this guide, we explore the ins and outs of corporate restructuring – what it is, when it might be
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If you plan to buy or sell a business in the UK, one of the most important legal documents you’ll encounter is the Asset Purchase Agreement (APA). Whether you’re a buyer looking to acquire specific business assets or a seller keen to divest in a structured and secure way, a well-drafted APA is essential.
Asset Purchase Agreements: A Comprehensive Guide Read More »
Pre-pack administration can provide a lifeline for struggling businesses. However, it is a complex insolvency process governed by strict legal requirements. In this practical guide, we have outlined everything you need to know about pre-pack administration, from what it is, to how it works, director responsibilities, and so much more. What is a pre-pack administration?
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Contracts exist to ensure all parties fulfil their obligations. But sometimes, unexpected events make it impossible to do so. In such cases, a force majeure clause provides essential legal protection. In this guide, we explore what a force majeure clause is, what it includes, how it works under UK contract law, and how businesses can
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Contracts keep businesses and personal agreements running smoothly, setting clear expectations and legal protections for everyone involved. But when things don’t go as planned – leading to a contract dispute – what happens next? In this guide, we break down the most common causes of contract disputes, how to prevent them, and the best ways
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Imagine being involved in a commercial dispute, only to discover the other party is rapidly moving assets out of reach – emptying accounts, transferring property, or hiding wealth overseas. In such high-stakes situations, acting quickly is essential. Freezing orders can prevent assets from being sold, transferred, or concealed. This guide breaks down everything you need
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If you or your company are facing serious financial difficulties and can’t pay your debts (or your debts are greater than the value of your assets), you must comply with UK insolvency law. One key responsibility during such times is to treat all creditors fairly – no preferential payments to friends, family, or favoured suppliers.
Preferential Payments: A Legal Guide For UK Directors Read More »
Constructive dismissal is a complex but crucial area of employment law that every employee and employer should understand. Not least because it is a serious breach of contract under UK law. For employees, knowing their rights is essential to ensure they aren’t forced to resign due to unfair treatment. For employers, understanding constructive dismissal is
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In legal proceedings, settlement negotiations often involve “without prejudice” communications. This protection ensures any discussions or offers made cannot be used as evidence in court, should the matter proceed to trial. However, a crucial variation of this rule, “without prejudice save as to costs”, can have significant implications on the outcome of litigation, particularly when
Without Prejudice Save As To Costs: What Does It Actually Mean? Read More »
