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20 March 2018
Lord Wilberforce’s observation that “a company, however small, however domestic, is not a partnership…” indicates that there are clear distinctions between even the smallest companies and partnerships. However, case law has shown that in some instances the court has been willing to deem companies “quasi” or “in substance” partnerships.
Press13 March 2018
In an article for Accountancy Age, Fergus Payne discusses why firms would consider listing on a stock market or taking external investment.
08 March 2018
The Supreme Court has held that directors should be treated as being in possession of company property from the time of their appointment because, as fiduciary stewards they are trustees of trust property within the meaning of section 21(1)(b) of the Limitation Act 1890 (“the Act”).
16 February 2018
New tax rules will mean that income tax and national insurance contributions (“NICs”) must be paid on all payments in lieu of notice (“PILONs”) with effect from 6 April 2018.
Lewis Silkin has advised the Harbour Group on its acquisition of US textiles and furniture company Thibaut Inc.
Deal15 February 2018
Lewis Silkin has advised its client the Harbour Group on its acquisition of US based company, Thibaut Inc.
Lewis Silkin advises Next Fifteen Communications Group plc on its acquisition of The Brandwidth Group Limited
Deal08 February 2018
Lewis Silkin has advised its client Next 15, the digital communications group, on its 100% acquisition of The Brandwidth Group, a UK based digital innovation agency on 6 February 2018.
Lewis Silkin French Desk advises the global HR management group Synergie on its disposal of Acorn Learning Solutions
Deal06 February 2018
The French Desk advised long term client Synergie, owner of the Acorn group of companies in the UK, on the disposal of its UK subsidiary Acorn Learning Solutions, the training arm of leading recruitment agency Acorn Recruitment, to the Welsh based training provider ACT, in January 2018.
Lewis Silkin’s French Desk advises Descours & Cabaud Slovakia, part of the French group Descours & Cabaud, on its acquisitions of Hayley cz
Deal02 February 2018
The French Desk of Lewis Silkin assisted existing client the Descours & Cabaud Group in its acquisition of 100% of the share capital of Hayley cz, a company based in the Czech Republic.
Lewis Silkin French Desk advises the French group Descours & Cabaud on its acquisition of Hayley 24/7 Engineering Services
Deal01 February 2018
The French Desk assisted existing client Descours & Cabaud SA in its acquisition of 100% of the share capital of Hayley 24/7 Engineering Services Limited which completed in December 2017.
31 January 2018
How relevant is TUPE in the context of a share sale? A recent decision of the Employment Appeal Tribunal (“EAT”) provides a reminder that TUPE can easily come into play when a buyer is considering what to do with its newly acquired subsidiary. In this case, the buyer’s actions led to an unexpected TUPE transfer and a £3.5 million bill.
Deal31 January 2018
Lewis Silkin has advised its client on the sale of omni-channel gaming provider Games Warehouse to Blueprint Gaming, part of the Gauselmann Group.
10 January 2018
AIM, the London Stock Exchange’s international market for smaller growing companies, was registered as an SME Growth Market on 3 January 2018.
19 December 2017
It is not uncommon for commercial deals to be agreed with a handshake in an informal setting (often a bar, restaurant or other social venue). If agreed, parties usually then move the matter on to their lawyers to document the terms. But what if terms are never documented? How much reliance can be placed on commercial terms that are agreed orally?
Lewis Silkin advises Be Heard Group plc on its acquisition of creative agency The Corner and associated fundraising of £6.2m
Deal01 December 2017
Lewis Silkin has advised Be Heard Group plc, a digital marketing services group, on its acquisition of The Corner, an award winning integrated creative agency based in Soho, London, and an associated cash placing of £2.2m and convertible loan note fundraise of £4m.
22 November 2017
Yes, yes, I know the phrase is “damp squib”. Call it pedant bait if you like. And the Chancellor (like everyone else) seems to be Blue Planet crazy, so you may detect a salty theme in this Budget update. Anyway, let’s dive into the icy waters of the latest Budget and see what monsters lurk beneath.
Deal06 October 2017
Lewis Silkin has advised its client Blend Media on its third funding round, in which £1.5 million of investment was secured bringing the total to £2.6 million.
If you are a non-UK corporate body and you wish to establish a business presence in the UK, this brief guide covers the main issues you need to consider. Establishing an operating subsidiary, branch or other business presence in the UK is a straightforward process, and can be achieved very quickly and at minimal cost.
Deal26 September 2017
Lewis Silkin, a leading international law firm to creative agencies, has advised Next Fifteen Group (Next 15), the digital communications group, on the acquisition of the entire issued share capital of Charterhouse Research Ltd (“Charterhouse”) through its data and insights subsidiary, MIG Global Limited (“MIG”). This deal marks the fourth acquisition that the Lewis Silkin team has been instructed on by Next 15 this year.
Deal15 September 2017
Lewis Silkin, a leading international law firm to creative agencies, has advised Next Fifteen Group (Next 15), the AIM-listed digital communications group, on its acquisition of Elvis Communications Limited. This deal, worth £5.5 million, marks the third Next 15 acquisition this year alone on which the Lewis Silkin team has advised.
English law imposes on company directors high standards of behaviour and they must put the interests of the company before their own. Their duties are derived from both statute and case law. In addition to general duties, there are extensive specific duties. This is an introductory guide to those general duties.