Commercial Law

Promises, promises – when do you have a legally binding contract?
While some business transactions are quick and simple, many involve protracted negotiations as you shop around for the best provider of goods or services and negotiate hard to get the best terms and conditions. Some businesses in your supply chain may have a formal process for purchase orders and contract execution, while things may be more relaxed with smaller companies or ones where you have a longstanding relationship. Perhaps some of your supply chain have introduced electronic signatures and you are wondering if they are legally valid or if you are required to sign in that way. It is important…
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How to Sell a Business Quickly
Selling a business, no matter what size, is a big undertaking requiring plenty of consideration and planning. As an owner or partner, you’ll be looking to get the best possible deal and achieving that means having everything in place from a legal point of view. So your first port of call should be with a team of commercial solicitors with a successful track record in business sales and JPP Law offer a free introductory call which can be utilised before you have found a buyer. It’s a worthwhile exercise because we can provide hints and tips on preparing your business…
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Preparing your business for sale to an MBO team
If you are planning to sell your business, one option might be a management buyout (MBO) if you think the current management team could be interested in buying you out. Planning well ahead will help to ensure that the MBO team is right for the deal, that your business is presented in the best possible shape so that the buyers and their funders can see value and future potential in the proposed acquisition – and that you will receive your just rewards. By getting your business MBO-ready as early as possible, it is more likely that any deal will succeed,…
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Key legal Issues when Launching or Operating a Subscription Service
With predictable revenue streams, it is understandable why a subscription business is attractive. Recent years have seen the launch of various innovations, such as monthly recipe boxes, coffee pods or health products, with numerous digital apps adding to established subscription services such as magazines or a wine club. Online trading platforms, such as Shopify or Kofi, make it easy to set up a new business and the subscription model has taken on new life, but there is a web of legal considerations that businesses need to comply with. As yet, there is no prescribed ‘subscription law’ but this area of…
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Minority investors need to protect their rights
Becoming a minority shareholder or investor in a business may lead you to believe that, given the limited rights you will have, there are not many important considerations to take into account. However, even a minority investor needs to protect their interests as much as possible and to be able to share or exit its investment in a fair manner. While minority shareholders may not usually benefit from voting rights, it is important to ensure they have access to drag along or tag along rights which provide them with a fair exit. All investors need to know what their rights…
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Legal considerations when buying shares in a business
Acquiring part of a business through the purchase of shares is one way to secure an investment. You may be contemplating a partial investment or an outright purchase of a business, either way the same considerations apply. Careful analysis of the target business is critical as there are a combination of commercial and personal factors which one needs to be aware of when investing via shares. It’s also essential to ensure the correct documentation is completed. Our advice is to research, review and risk assess. If you are in need of legal advice for a Shareholders Agreement book a free…
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Trademarks, social media and protecting your business online
Whilst there are many pros that social media can create for a business it is not without its cons. As the internet continues to grow at a rate that the law has failed to keep up with, organisations have had to adapt to deal with a wide range of online problems. There is no ‘social media law’ you can call on to address these issues. Instead, a mix of long-established legal principles and new laws are used in a bid to address the ever-changing issues presented by social media. Problems include unfavourable reviews, account hacking, data protection breaches, fake accounts…
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Do you need a shareholders agreement?
The Commercial Team at JPP Law outline the reasons why every company should have a shareholders agreement.
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Energy emergency sees government act to boost CfD auctions
The government has unveiled plans to ramp up auctions for its flagship renewables scheme. Changes include plans to award contracts every year - doubling the previous frequency.
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JPP Law to sponsor a London to Paris adventure
The London to Paris adventure is a three-hundred-mile trip which starts in London, takes in some of England's finest country villages on the way to Dover, explores the stunning countryside of rural France before reaching the Eiffel Tower in Paris. It sounds idyllic until you realise that most of the journey is via pedal power only. Except for the channel crossing, the participants will complete the entire trip on a bike, over 4 days in September 2019.
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