Fixed Recoverable Costs: Is contracting-out the right move for your business?

In 2021 the Ministry of Justice set out how it proposed to extend the application of Fixed Recoverable Costs (FRC) regime in dispute resolution. Joe Creasor, solicitor in the Company Commercial team at Wake Smith looks at the details.

Pros and cons of a BIMBO?

Many people are familiar with a sale to trade, or to management team but one potential structure for a share transfer is the so-called BIMBO – a Buy In–Management Buy-Out.

Social Enterprises: What are the differences between CIC and CIO?

Do you know your CICs from your CIOs and which one is right for your social enterprise? Rebecca Robinson, director in the company commercial team at Wake Smith Solicitors, looks at the differences.

Standard Terms and Conditions and the key to their incorporation

Whether your business provides goods or services, it is important to have a robust set of terms and conditions, which set out the framework for how trading is conducted and ensures uniformity across all contractual relationships.

Use of electronic signatures

Rebecca Robinson, director in the company commercial team at Wake Smith Solicitors, sets out guidance for anyone needing to sign a contract who is unable to be there in person.

Website design: key legal issues

Joe Creasor, solicitor in the Company Commercial team at Wake Smith looks at the issues that can arise when managing a website.

Why do you need a shareholders’ agreement?

Rebecca Robinson, director in the company commercial team at Wake Smith Solicitors, looks at the importance of a shareholders’ agreement.

Why look at restructuring your business?

There are many reasons why a business owner may look to restructure their business. Tom Haywood, associate in the company commercial team at Wake Smith Solicitors, looks at the process.

Key considerations when purchasing a dental practice

Are you about to set up your first dental practice or are you an experienced principal looking to acquire a new venture?

New Year, new business venture? Considering the types of entity for your firm

Joe Creasor, a solicitor in the company commercial team at Wake Smith, looks at the different entities and how vital it is to have all the correct constitutional and commercial documents in place.

Selling a business - Non-disclosure Agreements

Tom Haywood, Associate in Wake Smith Solicitors’ Company Commercial team, and current title holder of the Emerging Dealmaker of the Year, looks at a key point to consider before proceeding.

Do I need a Partnership Agreement when setting up a business?

If, as a Partnership, there has been no Partnership Agreement drawn up, the default provisions may come as a surprise, including to some of the actual Partners!

Considerations before accepting investors in your company

A private equity investor may become involved in a company at any stage of the company’s life.

Intellectual Property: Key commercial issues

Joseph Creasor, solicitor in the Company Commercial team at Wake Smith looks at the key commercial issues with UK Intellectual Property (IP)

Corporate re-organisation on the radar?

Whether you are looking for an exit, to grow your business or to split a business to achieve future business aims, a re-organisation could be the way forward for your business.

Register of Overseas Entities

In light of the War in Ukraine, the UK Government were prompted to revisit proposals on how to deal with the issue of UK property and land, amongst other assets, being controlled by faceless overseas entities. Joe Creasor takes a look at the issues surrounding it.