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Heads of Terms – more useful than you may think!

Whether you are a buyer or seller of a business, the early stages of a transaction are usually the same. There will be, sometimes seemingly endless, discussions, negotiations and bargaining before a deal is struck. At this stage it is sensible to commit the key agreed terms to a document…

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Software as a Service – what to look out for in your agreements

Generally speaking having formalised, professional drafted terms, from a lawyer’s perspective, are always essential for every business. They provide the structure for the working relationship between client and supplier, set out the expectations of the parties on various points ranging from the intellectual property ownership to the total liabilities of…

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Employee suspended for racist tweets following Euros 2020

An employee of Saville Estate Agents is suspended after (allegedly) posting racist tweets on his social media account. But, just like shaggy, he says…’It wasn’t me’! What are the risks for businesses? On the one hand, if the employee has more than two years’ service he is protected from being…

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Not your average management buyout

Management Buyouts (MBO’s) are a great “win-win” for both a selling shareholder and senior management of a company who are looking to have a stake in the business. They can take many forms, from a simple buyout whereby the shares in the company are simply transferred from the seller to…

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