News / Divorce now or await the change in the law?
There has been much publicity about the long awaited change in the law brought about by the Divorce, Dissolution and Separation Act 2020. This Act becomes effective on April 29 next year and will enable proceedings ending the legal relationship to begin, without waiting for a minimum of two years following separation, or in the absence of separation, apportioning blame to the other party by providing details of the individual’s unreasonable behaviour or adultery.
News / Merthyr decorating merchants expand further with acquisition in the South West
We recently advised Merthyr-based Rabart Decorators Merchants Limited (‘Rabart Decorating Centres’) on the purchase of S.G. Bailey (Paints) Limited (‘Bailey Paints’), located at Griffin Mill Estate in Stroud, for an undisclosed amount. Our team was led by Theresa Grech, Partner & Head of Corporate (Cardiff) with Simon Morgan, Commercial Property Partner (Cardiff), and David Baynton, Partner & Head of Employment (Bristol). Accountancy and Tax advice was provided by Azets. WSP Solicitors acted for S.G.Bailey (Paints) Limited.
News / Ince launches integrated specialist sanctions compliance solution with Windward
11-08-2021 / Energy & Infrastructure, Maritime
News / Useful pointers if you are considering investment in your business
There are a number of things you should consider if you are considering investment in your business: from sources of finance, to creating a business plan, and preparing for due diligence. In this article, we share some useful pointers when preparing your business for investment;
News / Avoiding ‘penalty clauses’ – ensure your contract terms are firm but fair
A ‘penalty clause’ is essentially one which imposes a detriment on a party to a contract should they breach a primary obligation of the contract which is out of all proportion to any legitimate interest of the other innocent party.
News / Selling your business? Ensure your pre-contract questionnaires are correct
A recent Court case highlights the importance of ensuring your responses to your buyer’s questionnaire are accurate before selling your company or business. In the case of MDW Holdings Limited v James Robert Norvill and others (2021), the court examined whether false responses given by the sellers to a buyer of a company in the due diligence questionnaire amounted to a breach of warranty and misrepresentation.