What is a Shareholders Agreement? A shareholders agreement is an agreement entered into between all or some of the shareholders of the company to regulate the relationship between the shareholders, the management of the company and the actions which the company shall or may not undertake. It thus governs the way in which the company…
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Over a year ago now, I asked about the Million Pound Nil-Rate Band, and you said to come back and ask again in 2017. It’s 2017 now – so what about my Million Pound Nil-Rate Band? Well, everything I said in my last article remains valid so, first of all, you should go back and…
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So, this is a question that many people have asked me and I am sure it is in the minds of countless residents, investment buyers and businesses in and around the local area. Personally, the most noteworthy effect that I have seen is individuals wanting to move house and, more significantly, investment buyers applying more…
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Further planning permission was granted to extend and convert Colemans offices to 12 flats. Previously in November 2015 Colemans had secured planning permission to develop the property with 11 flats but Mike Stone, Head of Colemans’ Commercial Property and Town and Country Planning Department felt there was still further potential for the building. Working closely…
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If two or more people want to establish a business arrangement between them, they can choose to do so by creating a partnership rather than setting up a company. The legislation governing the establishment of partnerships is the Partnership Act 1890. Section 1 of the Act defines a partnership as ‘the relation that subsists between…
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According to figures from the National Office of Statistics, divorce rates have fallen to their lowest level for 40 years. There has been a significant rise in the proportion of couples marrying after a period of cohabitation, with the data pointing to these marriages surviving the so-called “seven year itch”. It seems that many couples…
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At the beginning of February this year, the Sentencing Council’s guidelines for health and safety offences came into effect. The message they sent was clear; the regulatory authorities expect health and safety to remain a key priority for all businesses. The guidelines make it clear that persistent offenders or those who adopt a cavalier approach…
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Most businesses at some point need a building to operate from, whether it’s an office, a workshop, or a factory. Whilst some are in a position to buy, many more occupy premises that they rent under the terms of a lease. Here, we look at some of the issues you should consider before committing to…
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A recent case heard before the European Court of Human Rights (ECHR) has highlighted the grey area surrounding an employee’s right to privacy when accessing social media during company time. In this case, involving a company in Romania, an employee used a workplace messaging account to send private e-mails. This was in clear breach of…
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Every year, 12,000 couples with children decide to live apart. As the recent high-profile case of Rebecca Minnock and her son Ethan illustrated, making arrangements for parenting following the break-up of a relationship can be challenging. Section 1 of the Children Act 1989 states that whenever a court has to make a decision concerning the…
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