Can I Sell My Business Before Divorce?

Office Meeting - man and woman listening to experts

If you own a company, you will want to protect it in the event of a marital breakdown. You may be unsure of what will happen to your company during divorce or concerned about how your assets would be divided between you and your spouse.   One of the many questions you might be considering in…

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Do I Have to Keep Staff When Buying a Business?

Sales and purchase handshake

If you’re in the process of purchasing an existing company, one of your first questions could be ‘Do I have to keep staff when buying a business?’. The transfer of ownership often creates a period of upheaval for a workforce, so providing clarity about their future is essential to comply with laws around the TUPE…

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How Long Does it Take to Sell a Business in the UK?

Corporate and commercial solicitors - hand shake

If you’ve decided to move on to other ventures, or are considering retirement, you are probably asking yourself the question, “how long does it take to sell a business in the UK?”  Whatever your reasons for selling might be, it’s useful to first consider the stages and potential challenges involved in a typical sale. From…

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How to Prepare a Business for Sale

Commercial - meeting between two men

Deciding to sell a business is one of the most important actions owners will take. Developing an exit strategy from something you have worked hard to achieve can be a stressful process as there are several factors at play. Not only will you want to make the maximum return on your investment, but the procedure…

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What Happens to a Business in Divorce?

Divorce and Separation Solicitors

When a marriage or civil partnership ends, the division of assets often becomes a big consideration. Answering the question ‘What happens to a business in divorce?’ will depend upon factors like the type of business, the contributions of each spouse, the length of the marriage, and the overall financial picture. It’s also important to note…

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Successful Management Buyout

Steel Manufacturing - Case Study

Thursfields have successfully facilitated the purchase of TM Brookes LTD and Arford Steel Profiles LTD to Lee Davis, Managing Director of Midlands Steel Holdings LTD. The transaction was managed by Thursfield’s Corporate Director, Philip Chapman and his expert team, leveraging their knowledge and experience in Corporate M&A work. Amongst other matters, the buyout included the…

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Complex Farm Sale

Agriculture - tractor in field with grey sky

The sale involved complex negotiations, simultaneous share and property transfers, and extensive due diligence. Our multidisciplinary agricultural team was well equipped to handle matters due to our expertise in Corporate & Commercial, Property, Litigation and Employment Law. With a Partner-led approach, our team engaged in strategic negotiations through the sale process to secure the best…

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