Shareholder agreement in Manchester, UK

Commercial lease solicitors in UK by BlackstoneSolicitorsLtd? At Blackstone, we always aim to provide the best service possible. Meticulous in our approach, we will make sure everything is dealt with as you wish and will keep you updated throughout the legal process, ensuring that you always know of any developments. We place huge emphasis on getting things done properly and efficiently. This is especially true when providing legal advice concerning writing a Deed of Variation; we have vast experience of drafting these documents, doing so comprehensively and ensuring all of the necessary provisions to protect the beneficiaries are properly set out, fulfilling every aim and objective whatever your requirements may be.

What should be included? The main areas you should think about including are as follows: Running the business: appointing, removing, remunerating directors; financing arrangements; banking arrangements; how directors will communicate with shareholders about performance; Good/Bad leaver clauses – set out terms of transfer of all or some of the shares of a departing director-shareholder to the remaining ones based on the reason for departure. If a founder is also employed as a director of the company, he or she has employment rights, which are quite separate to shareholder rights. Good leaver/bad leaver clauses provide a mechanism to tie the end of employment with the end of share ownership. Good leaver clauses provide incentives to founders who are important to the business to stay working in it until milestones are reached, while bad leaver clauses act as a deterrent to leaving early or breaching another contract (such as a director’s service agreement). Leavers of both types can be defined by actions as broadly or as narrowly as the shareholders like, with one being the remainder of actions that the other isn’t. Typically, actions that would define a good leaver would be.

Buying a new home represents a very exciting step, but there are additional challenges involved if the property you are purchasing is a new build house. These transactions can be more complex than when buying a house or building that already exists, so it is imperative you have access to expert guidance every step of the way. At Blackstone Solicitors, we have a dedicated, expert team on hand to lead you through this very important process. We understand that buying a property can be stressful enough without the added complications of purchasing a new build house, which is why we are here to help make the move as simple as possible.

Unafraid to stand up for what we believe in, we pursue claims thoroughly and are never deterred when hurdles arise. We like to be the ones to steer the case in the direction we want, and we keep our clients informed at every twist and turn. Our extensive understanding of the law is coupled with a wealth of business experience that stretches across all levels. This is a feature that runs through our entire team, arming us with the tools to take on cases of every complexity. Read extra information on Blackstone Solicitors.

It’s a landlord’s worst nightmare: a former tenant absconds from a property without having paid everything owed. It can be extremely tricky to reclaim this debt without the assistance of a solicitor. Often the ex-tenants will find excuses to delay payment; will ignore calls and letters, or disappear altogether. Blackstone Solicitors specialise in rent arrears case’ armed with the legal expertise needed to ensure a fair outcome for landlords. You shouldn’t have to experience stressful cash flow problems just because a tenant won’t pay its debts, which is why we aim to resolve such disputes promptly and effectively.

If the lease grants security of tenure, the lease will continue after the expiry date if the Tenant remains in occupation of the property for business purposes. In this scenario the Landlord or Tenant must serve one of the following notices to terminate the lease: Section 25 notice – if the Landlord wishes to determine the lease and can satisfy one of the grounds in section 30 of the Landlord and Tenant Act 1954, serving a hostile section 25 notice will prevent the Tenant from taking a new lease. Examples of grounds under the Act include breaching repairing obligations, persistent delays in paying rent or the Landlord redeveloping the property. Section 26 notice – if the Tenant wants to terminate the lease, a section 26 notice can be served. Discover additional information at https://blackstonesolicitorsltd.co.uk/.