Agent or distributor? Why appoint an agent or distributor at all? In appointing a selling agent or a distributor, a manufacturer is effectively sub-contracting the selling function of his business. He may wish to do this for a number of…
Benefits Standard terms of business offer certain advantages over bespoke agreements: They avoid the time and expense of drawing up specific terms for each individual transaction. They enable a company to introduce terms favourable to itself in a format that…
What is an LLP The LLP is different from the form of limited partnership under the Limited Partnerships Act 1907. That form of limited partnership does not allow a partner to enjoy limited liability while also participating in the management…
Share Options The high cost of staff turnover Retaining and motivating key staff is more important that ever before. A performance related cash bonus has only a short term effect; it is estimated that the motivational benefits of a pay…
Private Equity & Buyouts Private equity transaction, formerly more commonly known as venture capital transactions, cover a variety of arrangements that have one common feature: the source of the money that is funding the transaction. This source is usually a…
Should you buy shares or assets? There are two methods of acquiring a business. One is to buy shares of the company that owns the assets, the other is to buy the assets which make up the business, in some…
This checklist outlines the offences introduced by the Bribery Act 2010 and the penalties for committing them. It also highlights practical steps that your business can take to help avoid breaching the legislation. What is bribery? Transparency International (a non-governmental…
Copyright protects original artistic, musical, dramatic and literary works, including computer programs, sound recordings, films, broadcasts and typographical arrangements of published works. It arises automatically on the creation of the work and lasts for 70 years after the death of…
This checklist sets out the remedies available to consumers when buying faulty goods. It also highlights the additional obligations your business owes to consumers when selling goods online, by telephone or by mail order. Who is a consumer? Consumers are people who buy for purposes not related…
Checklist: TUPE transfers What is TUPE? TUPE is an acronym for the Transfer of Undertakings (Protection of Employment) Regulations 2006. Where TUPE applies, employees automatically transfer from one employer to another with their terms of employment and continuity of service…