Corporate and Commercial

FCA Insurance Policy “Test Case”

Daniel Tetsell Colour photo

As a result of the first national lockdown – imposed in March 2020 – in order to mitigate the spread of COVID-19, many small and medium-sized businesses have seen a significant level of financial loss. This saw an increase in claims for those losses under business interruption insurance policies (“BIIP”). There quickly became widespread concern…

Plans for emergency insolvencies legislation get cautious welcome from Thursfields

Buisness Team meeting

The drafting of emergency legislation to soften insolvency rules during and after the COVID-19 lockdown has been cautiously welcomed by a top expert at Thursfields Solicitors. Stephen Rome, a senior associate solicitor in the Dispute Resolution department at Thursfields, was commenting after various reports debating the pros and cons of the forthcoming changes. Business secretary…

Company meetings: A virtual reality! Corporate and commercial law

Philip Chapman - Colour

In light of the recent government announcement relating to the requirement of companies to hold AGMs, it is important for directors and shareholders to consider how they would do so in line with the restrictions on movement. One restriction includes not being allowed to be in gatherings of more than two people. This raises the…

Coronavirus (COVID-19) and the importance of directors’ duties | Corporate Law

Business team meeting consulting the project.professional investor working the project. Concept business and finance

During this time of commercial unrest it is paramount that company directors have at the forefront of their minds their statutory duties when making difficult decisions about the future of their businesses. Directors must remember that they remain subject to the statutory duties even during these difficult times which are to act in in good…

Coronavirus (COVID-19): Summary of financial support for businesses | Corporate and Commercial law

Thursfields Solicitors flyer : Coronavirus

A useful summary of the current support available for businesses experiencing increases in costs or financial disruptions because of Covid-19 has been produced by Thursfields Solicitors. The guidance follows the recent economic downturn which means especially small and medium sized enterprises (SMEs) will need as much financial support as possible. Philip Chapman, Corporate Director at…

Protecting Your Business – Coronavirus (COVID-19) | Corporate and Commercial Law

Business team meeting consulting the project.professional investor working the project. Concept business and finance

The Coronavirus (COVID-19) pandemic is of great concern to many businesses as they balance putting contingency plans in place to protect their staff’s wellbeing and also continue to provide their products and services to clients. Thursfields Solicitors is open for business as usual and has the resources and legal expertise to guide you. All of…

Dispute Resolution

Sealing a deal, Business man and woman handshake to business agreement.

In future months our team of experts will upload to this website specific articles giving tips and updates on the handling of disputes. We are uniquely placed to point out hot topics and point out potential problems for businesses, giving tips where possible, so please watch this space. For this first article on our new…

Thursfields Solicitors advise on sale of Shropshire health care business

A surgeon

The corporate and employment teams at Thursfields Solicitors have advised on the sale of a Midlands-based health care company to a fast growing health care fund. AJ Case Management Ltd has been acquired by Active Care Group, which is owned by the Montreux Health Care Fund. Thursfields Director Gareth Burge and Solicitor Joe Rollins led…

Key considerations for negotiating share earn-out payments | Commercial law

Philip Chapman - Colour WEB

Firstly the parties need to agree what targets must be achieved to trigger payment of the earn-out. Such targets could be financial, operational or linked to specific event. The length of earn-out period needs to be discussed and agreed. Most earn-outs last between one and three years following completion, but other time frames may be…

Thursfields advises growing Oxfordshire wealth management firm on acquisition | Corporate law

Philip Chapman - Colour WEB

The corporate team at Thursfields Solicitors’ Black Country Hub in Halesowen has advised an Oxfordshire financial planning business on the next stage of its growth. Aspen Financial Advice Ltd has purchased Sarah Illingworth Ltd, a Milton Keynes-based financial adviser – both are wealth management advisers within the St James’ Place Group. Aspen Financial Advice was…

Thomas Cook – The Rise and Fall | Corporate law

Jane Rudge 2018 - Colour WEB

How many of us have seen the Alberto Brea quote: Netflix did not kill Blockbuster. Ridiculous late fees did. Uber did not kill the taxi business. Limited number of taxis and fare control did. Apple did not kill the music industry. Being forced to buy full-length albums did. Amazon did not kill the other retailers….

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