Our corporate team act for owner-managed companies and LLPs, investors, professional and other partnerships, sole traders, SMEs, start-ups, and micro businesses. We advise on all types of corporate and commercial transactions, and on all types of business ownership structures, commercial and investment financing, and brand protection/intellectual property.
Tilly Bailey & Irvine can provide a readymade shelf company, or a bespoke company tailored to your every need, including the drafting of a memorandum of association and articles of association and shareholders’ agreement. If you need the company setting up quickly, we are able to incorporate a new company within 24 hours from initial instruction.
No matter what type of business you are wanting to start, it is important that you receive the best legal advice possible to avoid any problems having a detrimental impact on your business. Our team has a wealth of experience in dealing with businesses, including start-ups, limited companies, property management companies, limited liability partnerships, and can provide a tailored service to your individual needs.
Call: 01740 646000Our Corporate Team have extensive experience in dealing with all matters relating to corporate transactions. They can assist with mergers, acquisitions, and disposals, management buy outs / buy ins, business acquisitions and disposals, and refinancing and restructuring.
Corporate transactions can be complicated. The implications of not dealing with matters correctly and properly documenting your transaction can be serious and have unwanted consequences both in terms of ensuring you get what you pay for but also ensuring that the parties to a transaction are held to the assurances that they have given to each other. Therefore, it is vital that you have the best legal advice possible, prior to any transaction taking place. The team work hand in hand with the lawyers in other commercial teams to achieve the best possible outcome for the client and ‘get the deal done’ quickly, efficiently, and to suit your individual and business needs.
A partnership offers the opportunity for likeminded people to pool their resources in search of a common goal. However, under English law, a partnership can be formed with little formality. This may appear attractive to business owners, but it could leave the partners in a position where the partnership does not suit their individual needs and leave a business open to significant issues.
Partnerships can be governed by a partnership agreement, established as a limited liability partnership, or implied by ancient legislation (Partnership Act 1890). The law governing any sort of partnership can be complicated and the implications of getting things wrong can be significant, particularly if the partners (or one of them) decides that they no longer wish to be partners. Therefore, it is vital that you have the best legal advice possible, prior to any transaction taking place. Our team have many years’ experience in dealing with business partnerships and can advise you of your options, and any potential implications before entering any partnership.
Our Corporate team are experienced and can assist you with all matters relating to IT & E-Commerce for your business, including software licensing, development contracts, support, maintenance and disaster recovery contracts, app legals, and any issues that arise when running an e-commerce business.
Businesses frequently work alongside other businesses for a variety of reasons. The common law may imply a traditional partnership into any undocumented relationship, which involves two or more parties working together with a common view for profit. However, this carries implied legal duties and responsibilities, which may very well not be desirable for your project. It is important to structure that sets out the obligations and rights of each party, to avoid an implied partnership and any future issues.
Our Corporate & Commercial Team has substantial experience in acting for a range of clients and can help you take research and development work forward. They can ensure you are properly protected and have confidence that everything will run smoothly, without implications.
Our Commercial Property team have a wealth of experience in dealing with different types of sales agreements, including direct sales, agency sales, distribution, and re-selling, and also franchising. This means you can have the confidence that your case will be dealt with by the best team possible, focusing on your individual needs.
If you are thinking of taking up a franchise, you should think carefully about where you are investing your money. Our team can help you decide which option is best for you, explaining the advantages and disadvantages of each, and providing expert advice.
When you are considering how to restructure your business or if you are considering taking control of a business to become the owner rather than employee or minority shareholder then our Corporate Team can assist with advice as to the best way to achieve that. We work in conjunction with your financial advisers, accountants, funders, and lenders to ensure that the most appropriate route is taken, whilst at all times steering you through the maze of regulation connected with such transactions.
So, whether you are buying a retiring partners share of the business, buying out a departing shareholder or leading a management buyout from the current owners or the company’s liquidators we can prepare all of the necessary paperwork, assist with your negotiations of the terms of any deal and deal with all consequent filings and registrations.
In conjunction with our Commercial Property team, we can also seamlessly include with the deal any property transactions that ensure the control of the business’ premises is retained, whether by assignment of an existing lease, grant of a new lease or an outright purchase of the property.
For a confidential discussion with a member of the Corporate and Commercial team, contact us today by giving us a call or submit an online enquiry via the form below and someone will be in touch.
Call: 01740 646000
Despite turbulent times for the economy, the purchase of, investment in or merger with another business continues to be part of many businesses’ growth strategy, particularly where the target strengthens or consolidates a company’s position in its own marketplace.
There are still some great business acquisition opportunities out there, but how do you know that you will be getting the value and benefits in the deal that you had hoped for? Jonathan Fletcher, Corporate Solicitor at Tilly Bailey & Irvine explains more.
Owning a business brings about a wealth of challenges. Not least having to keep up to date with the ever changing legal requirements. This article addresses some of the key changes which business owners need to be aware about.
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