Hot Topics at Wilson Browne
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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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When Were Same-Sex Marriages Made Legal In England And Wales?
Long-awaited by same-sex couples, same-sex marriage has now been legal in England and Wales for almost a decade. This momentous change to legislation has allowed thousands of same-sex marriages to be officiated since the Marriage (Same-Sex Couples) Act 2013 was introduced.
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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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How Long Does Probate Take If There Is A Will?
Probate of a Will is the process which sees a deceased person’s assets (money, property and possessions) distributed in the way they have determined in their Will. There are strict procedures set out by law that the executor (the individual responsible for putting a Will through probate) must follow.
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Can A Power Of Attorney Change A Will?
A Will is a legal document that puts you in control of determining how your assets (money, property and possessions) are distributed after your death.
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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?
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Why Would A Will Go To Probate?
In order to be implemented most wills must go through a process known as probate (some wills with a value of under £5,000 may be exempt). Probate entails the executor gathering together all of the deceased’s assets, paying off any debts and then distributing them to the beneficiaries as set out in the will.
