Business
Latest Business News
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Should I Accept the First Settlement Agreement Offer?
If your employer proposes a settlement agreement, you don’t have to take the first offer on the table. Reaching a settlement agreement is a process of negotiation, and to get a better deal you need to prepare to make a counter offer.
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Selling Charitable Land
There have been regulations and restrictions about selling charity land for many decades now and the regulations have been revisited a number of times; the latest revisions are due to land this month (June 2023) and aim to provide a bit more flexibility whilst retaining the required protections.
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How Do You Invalidate A Settlement Agreement?
A settlement agreement can only be legally valid in preventing an employee from bringing a claim if it complies with several specific requirements. Find out more in this article.
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Types of Employment Contracts
A brief guide giving an initial overview on the 4 types of contract that organisations typically use.
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Why Would A Business Restructure?
In order to survive, businesses need to be responsive, agile, and—if possible—so vigilant that they’re able to forecast issues before they materialise. One of the ways in which businesses might avoid or respond to challenges is by restructuring. For instance, if one business buys another, restructuring may be necessary to bring the two businesses together under a single point of leadership, or to ensure that systems and processes can overlap and communicate between the two business entities.
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Potential Pitfalls of Liquidated Damages Clauses in Commercial Contracts
A liquidated damages clause in a commercial contract seeks to pre-set the damages recoverable for a specified breach of contract.
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Earn-Out Provisions, Seller Beware
When selling a company, it is sometimes the case that part of the purchase price payable to the seller is payable on deferred terms. If the deferred part of the purchase price is linked to the future performance of the business over a specified period of time, such part is often called an “earn-out” payment.
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Charities Now Given Greater Choice When Seeking Advice On Land Disposals
New Regulations made aiming to give charities more choice on who they can take advice…
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New Guidance On Reasonable Adjustments For Mental Health Guidance For Workers And Employers
ACAS launched on 17 April 2023 new guidance relating to those who need reasonable adjustments for mental health at work. They have outlined what considerations should be taken into account and what practical steps employer should be aware of.
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A Gentleman’s Word Is His Bond
We all know the saying but is it enough to do business on a handshake and a promise, and when can an agreement be interpreted as a binding contract?
