Theresa is the Head of the corporate team in Cardiff. She has over 20 years’ experience advising on a range of domestic and cross-border transactions and corporate governance matters. She also advises on commercial contracts and has a specialist interest in intellectual property and IT related issues.
Theresa advises on mergers & acquisitions and joint ventures, both in the UK and overseas. She also has experience of corporate restructurings, corporate finance and corporate governance issues.
She has a keen interest in intellectual property and therefore regularly assists innovative companies with strong IP portfolios on corporate matters, including their commercial contracts.
Theresa receives praise for her excellent service, which she continues to deliver to her clients and has been recognised by the leading UK legal directories.
She joined the firm in January 2018 having previously been a corporate partner at a large national law firm in Bristol and latterly at a commercial law firm based in Cheltenham. Theresa read Law at Cardiff University before gaining a Master’s degree in Law from Bristol University.
"As well as my technical ability I believe that I am prompt and attentive, making sure that I treat client matters as if they are my own - I like to feel that I am part of a company's internal team during a transaction."
Professional associations & memberships
- The Law Society
What you may not know about Theresa
Theresa is a Grade 8 pianist and has a keen interest in the Arts. She was formerly honorary company secretary of the internationally acclaimed Cheltenham Festivals.
"The Legal 500 – 2020, 2017 & 2016 for Corporate & Commercial;
"The Legal 500 – 2017 for TMT (Intellectual Property); and
"Chamber and Partners – 2015 for Corporate M&A.
My matter highlights
- Advising on the setting up of a new joint venture for the expansion in the UK of one of Italy’s largest furniture manufacturers.
- Representing a client in relation to its interest in joint venture company, in the real estate sector in relation to its constitution and related loan documents as part of a property transaction worth £14.8 million.
- Advising a client in the sale of part of its existing dental business and the subsequent purchase of 2 dental purchases.
- Representing a client in its simultaneous purchase of three separate accountancy practices, dealing with the negotiation of 3 business purchase agreements and all ancillary documentation.
- Advising a client in the professional services sector in relation to its internal group restructure, involving the transfer of its business and assets from a limited liability partnership to a newly formed company.
- Representing a client in the FinTech sector in relation to the investment into the client company by Development Bank of Wales and other investors.
- Representing the shareholders of a target company operating in the engineering industry in the sale of the entire issued share capital of the company.
- Advising a UK subsidiary of a German based company in the manufacturing sector in relation to a number of complex commercial agreements.
My testimonials and accolades
“Clients praise her attention to detail and her efficiency.”
“"Very knowledgeable on corporate matters"; Has "First-class commercial awareness"; is "Knowledgeable, informative, meticulous and extremely personable."”
My recent publications
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 / 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.
News / How can I protect my Intellectual Property as a start-up business?
Intellectual Property (IP) concerns the rights associated with creative effort or commercial reputation and goodwill. The subject matter of IP can therefore be very wide and includes literary and artistic works, films, computer programs, inventions, designs and also the trade names used by businesses for their goods and services. As a new business owner, it is important to ensure that your IP is protected from the outset as the IP owned or created by a business is a valuable asset.
News / Does my start-up need standard Terms and Conditions of Business?
The short answer is yes; as most businesses use standard terms of business to govern the supply of goods and services. It is worthwhile putting proper procedures in place to ensure that the company’s standard terms are effectively included in its contracts, as the consequences of failing to invest time and money in having standard terms drawn up for your business could be costly in the future.
News / Do I need a Shareholders’ Agreement for my start-up business?
If you are starting up a company with more than one shareholder, it is advisable to have a shareholders’ agreement (‘Shareholders Agreement’) drawn up – this is a contract which establishes the relationship the shareholders have with each other and the company. The Shareholders’ Agreement, together with the Articles of Association (‘Articles’), form the constitution of the company. It is not a legal requirement to have a Shareholders’ Agreement, however there are a number of key benefits of entering into such a Shareholders’ Agreement as set out below.
Insights / Double Trouble - Navigating start-ups through a pandemic and recession
An entrepreneur wanting to go it alone and set up his or her own company would find it challenging at the best of times.
Insights / Protecting businesses will give the economy the greatest chance of recovery
The Covid-19 pandemic has presented governments, financial markets and economies across the globe with challenges never faced before. Whilst Covid-19 is primarily and most terribly a public health crisis, its far-reaching consequences are devastating the global economy.
News / Buyers beware: ensure your indemnities are clear
The case of Towergate Financial (Group) Ltd & Ors v. Hopkinson & Ors (2020) acts as a reminder for buyers to ensure that their indemnities, and in particular their corresponding notice provisions, are drafted clearly and unambiguously in acquisition agreements.
News / COVID-19: Getting ready for sale during the pandemic
The pandemic will undoubtedly brew uncertainty in M&A transactions. Many potential sellers who had hoped to sell their business will be reconsidering whether this is the right time. Likewise buyers, may find funding difficult and question whether such an investment is wise during this time. In either scenario, the negotiation process is likely to be drawn out. In order to therefore maintain the momentum of the sale process, prospective sellers should utilise this time to get their ‘house in order’. This will allow sellers to package the business to be sold so that it can continue to operate on a day-to-day basis, but also give them flexibility to move to a sale process at short notice at the optimal time.
News / COVID-19: Can we hold remote board meetings where the Articles of Association do not expressly allow for it?
It is usual for recently adopted Articles of Association to include a provision that board meetings may be conducted electronically. Indeed, Article 10 of the model Articles of Association for private companies and Article 9 of the model Articles of Association for public companies contain such a provision. Companies who have older articles, perhaps based on Table A 1985 or earlier versions, are unlikely to have such an express provision.
News / Reorganising your business structure
Given these extraordinary times when many businesses are in lock-down, companies may wish to take this time to look at their business structure and see whether it could be reorganised. This will hopefully put them in a good trading position when restrictions are lifted.