Search results for: corporate
Corporate deals worth 125m plus in Thursfields busiest year ever
Thursfields Solicitors has recorded its busiest-ever 12 months of corporate activity, providing legal guidance on 29 deals worth a total of more than £125 million. Gareth Burge, director and head of Corporate at Thursfields, explained that he and his team had coped with the hectic period despite the COVID-19 pandemic. Mr Burge said: “The last…
Read MoreWhat is a warranty and why are they required? Corporate Law
Unlike a property acquisition, when acquiring shares or business (and assets), the principle of caveat emptor (buyer beware) applies, meaning, the law provides no statutory or common law protection for the buyer in relation to company, shares or business which it is acquiring. Therefore, buyers will require contractual protection from the Seller of the shares…
Read MoreThursfields appointed to advise new management team | Corporate Law
Read all about a West Midlands IT firm buyout… Thursfields Solicitors has been appointed to provide ongoing legal support following a management buyout of a West Midlands-based IT business. The directors, David Ghosh, Jack Robinson and Alex Mackay, have acquired Total Distribution Ltd for an undisclosed sum from retiring owners and founders David and Tracey…
Read MoreThursfields Talk Legal: free webinar discusses mergers and acquisitions | Corporate Law
The important legal steps a company or individual needs to take when buying or selling businesses will be discussed in Thursfields Solicitors’ latest webinar next month. Philip Chapman, a director in the Corporate department, will host the free Talk Legal webinar at 10am on Wednesday 1 July. Philip will introduce the webinar live on Zoom,…
Read MoreThursfields still very active in the Mergers & Acquisitions marketplace | Corporate Law
Deals are still being done in the West Midlands, despite the lockdown introduced by the Covid-19 pandemic. At Thursfields Solicitors, we have continued to be busy and active in the Mergers & Acquisitions market, despite the apparent downturn in the economy. Many businesses had growth plans in place, and others, since lockdown started, have identified…
Read MoreLogistics company founder buys back business | Corporate Law
A West Midlands entrepreneur has taken back control of the international logistics firm he founded in 2012, with help from Thursfields Solicitors and Accountants and Business Advisors HB&O. Peter Ackrill, a 20% shareholder in Logik Logistics International Ltd based at Birmingham International Park, Solihull, has acquired the 80% shareholding held by Chapman Freeborn International Ltd…
Read MorePlanning for Mergers & Acquisitions in a Coronavirus hit economy | Corporate
The effects of the Coronavirus (COVID 19) on mergers & acquisitions (M&A) will reach far and wide. Many of our corporate clients will be considering the repercussions and how they can protect themselves when conducting M&A deals that are either on going or planned. Our corporate team are advising that those seeking to sell actively…
Read MoreOptions for post-pandemic business investment explained |Corporate Law
Philip Chapman, a director in the Corporate department at Thursfields Solicitors has described the different options for business investment in a post-pandemic environment. Philip was commenting after the first steps were made by the government for carefully planning to move out of the COVID-19 lockdown. He pointed out that although several new loan options had…
Read MoreCompany meetings: A virtual reality! Corporate and commercial law
In light of the recent government announcement relating to the requirement of companies to hold AGMs, it is important for directors and shareholders to consider how they would do so in line with the restrictions on movement. One restriction includes not being allowed to be in gatherings of more than two people. This raises the…
Read MoreCoronavirus (COVID-19) and the importance of directors’ duties | Corporate Law
During this time of commercial unrest it is paramount that company directors have at the forefront of their minds their statutory duties when making difficult decisions about the future of their businesses. Directors must remember that they remain subject to the statutory duties even during these difficult times which are to act in in good…
Read More