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Selling your company — handle warranties with care

After years of hard work building up a business, the prospect of selling it on to another company or the current management team will be the light at the end of the tunnel. Unless you are a serial entrepreneur, a more leisurely life is ahead when the stresses and strains of running a business will […]

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Contract termination – securing the right to walk away

When negotiating a contract it is easy to become fixated on the terms governing who will do what, by when and for how much.  However, equal thought needs to be given to what happens if things go wrong and in particular your rights of termination. As Olexandr Kyrychenko commercial contracts lawyer with IMD Solicitors in London explains: ‘There are a […]

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Buying a business: are you getting shares or asset?

The opportunity to purchase a competing or complimentary business provides an important route to expansion, but it is important to be clear about what exactly you are acquiring in a business — whether this is via shares or assets. According to corporate specialist, Olexandr Kyrychenko with IMD Solicitors in London, Manchester and Birmingham ‘It is crucial that any […]

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Can we help you get your business out of financial trouble?

All businesses have times during which receipts of income slow down, suppliers do not deliver, and customers close or go to a competitor.  While it is a necessary business skill to be able to take the rough with the smooth and concentrate on how to counteract unforeseen events, would you be able to spot the […]

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Do You Need a Shareholders’ Agreement? FREE Seminar

What is a Shareholders’ Agreement?  Put simply ‘Shareholders’ agreement with the company. A Shareholders’ Agreement is usually drafted so that it dovetails with the Articles of the Association.  The big question is, do you need one?  If there is more than one shareholder in your company, it is highly advisable. Shareholders’ Agreements are put in place and […]

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Thinking of starting a social enterprise as a Community Interest Company?

When most people think about starting a social enterprise, they often need to be established as a charity. While charities are a sound corporate vehicle for these activities, the rigors of the Charity.  An alternative company structure, which is the Community Interest Company (CIC). As  Olexandr Kyrychenko, a commercial partner with IMD Solicitors explains,  ‘These are seen as a […]

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Getting ready to sell your business

Whether or not you are starting to think about retirement, if you have any plans to sell your business in the future then there are steps that you can take to ensure that you achieve the best price for your business and to sell it on the most favourable terms.  It is worth investing time […]

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Dealing with contract disputes

Dealing with contract disputes Falling out with someone you can do business with emotionally draining, costly and time-consuming. Sometimes there is a break in the future. On other occasions your relationship may be successful. In either case, if you have a good deal, it’s possible to sort things out. Olexandr Kyrychenko, commercial dispute resolution lawyer with IMD Solicitors explaining the basics. […]

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Guide to the GDPR (part 2)

General Data Protection Regulation: Guide for businesses (Part 2) As the rush to get your house in order before the General Data Protection Regulation comes into force on 25 May 2018 continues to gather pace, Olexandr Kyrychenko, Partner and Commercial Solicitor at IMD Solicitors concludes his practical guide for businesses by outlining the steps you […]

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