Is the debtor company unable to pay it’s debts? When presenting a winding up petition, the most common ground relied upon by creditors is that the debtor company is unable to pay its debts. A debtor company is considered to be unable to pay its debts where: A creditor has served a statutory demand for... Read the rest of this entry →
Consideration can take various forms and can be given in a variety of ways. Sellers will want to ensure they get a fair price for the company they are selling (the “target”) and buyers will want to ensure that the target is worth every penny. The following mechanisms are regularly used to ensure just that:... Read the rest of this entry →
Chinese property investors are a key player in the Manchester property market. They now find themselves, as do most UK businesses, at a crossroads: what to do about Brexit? The fact, which is seen to most betray the economic injuries already caused to the UK by the looming possibility of Brexit, is the decrease in... Read the rest of this entry →
As no-one in the business community needs to be reminded, it is an economic fact that the UK’s current status as a member of the EU means that it is a part of the world’s wealthiest international free market. This serves as a huge benefit to the UK’s economy. However, neither does anyone need to... Read the rest of this entry →
As most of us look on at the slow-motion Parliamentary train wreck surrounding Brexit, and the next cliff edge date rushes to meet us, I thought that I’d remind you of things you may need to look at in your commercial agreements if we do leave the EU on 31st October, or shortly afterwards. Broadly... Read the rest of this entry →
European citizens have been able to come to the UK and work without restrictions or requiring any specific permits or visas. In fact the UK economy has relied on European migrant workers to fill skills shortages especially in industries such as tourism. However, employers should be aware that this is changing so that European Citizens... Read the rest of this entry →
We previously looked at some of Manchester’s lesser known history facts, including the splitting of the atom happening there for the first time, and Rolls & Royce meeting at the Midland Hotel. But what about Manchester’s most significant points in time? We look back at five of the most important times and events to hit... Read the rest of this entry →
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Karen Yates – Head of the Private Client team – summarises the key facts about making a Will during the current crisis
With the new financial year starting next week, Lewis Thompson – Associate Solicitor in our Private Client team – discusses the changes to the Wills and the Inheritance Tax rules
Ameliah McLaren-Parker – Private Client Solicitor – A reminder of the importance of making a Lasting Power of Attorney
Gregory Carr – Property Solicitor – answers: What can I do if I cannot pay rent under a commercial lease during the coronavirus pandemic?
