Clarkslegal LLP - Solicitors in Reading and London

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Jan
11
2016

Clarkslegal's Corporate Team Acts for Ludgate Environmental Fund Limited
#Corporate #Clarkslegal

Clarkslegal corporate team acted for Ludgate Environmental Fund Limited on the sale of its interests in Ignis Biomass Limited....

Jan
11
2016

Getting the Skeletons out of the Closet: Disclosure Letters on Sales of Businesses and Companies
#Corporate

The general position for someone buying a business or a company is summed up by that dusty but succinct old phrase, “Caveat Emptor”, which the stern Victorian novelist, Trollope, once described as “the worst proverb that ever came from the dishonest stony-hearted Rome” (he had probably just bought something that didn’t work and found himself without effective comeback, as there was a distinct lack of consumer protection law in the 19th century). There is, essentially, no obligation on the seller to tell the buyer anything, and the buyer thus needs to “beware”....

Dec
10
2015

Clarkslegal acts for Eden Motor Group on its latest acquisitions  
#Clarkslegal #Corporate

Clarkslegal’s corporate team, led by Ashan Arif, recently advised Eden Automotive Investments Limited on its acquisition of Peugeot dealership....

Dec
08
2015

Further changes planned for rules on late payment of debts and challenging “grossly unfair” payment terms
#Corporate

The negative impact that late payment of debts has on small and medium sized businesses is well documented. In 2014, the Federation of Small Businesses carried out a survey that revealed that at least 51% of its members had suffered from late payments in the previous 12 months. ...

Oct
13
2015

Transfers of Personal Data from EU/EEA Countries
#Corporate #Commercial

On 6 October this year, the European Union’s judicial body, the Court of Justice (ECJ), ruled, in the case of Schrems v [Irish] Data Protection Commissioner, that the “Safe Harbour” agreement between the US and the EU, which has allowed personal data to be transferred legally between EU countries and the US for 15 years and which some 4,000 US companies currently rely on, is invalid. ...

Sep
17
2015

Clarkslegal's Corporate Team Acts for Fast Growing RIM Company
#Clarkslegal #Corporate

Clarkslegal Acts for EU Company, OASIS, in its Recent Acquisitions of Three UK-Based Data Storage Businesses....

Jul
07
2015

Unfair prejudice: what does it really mean to shareholders?
#Corporate

In assessing whether unfair prejudice has occurred, the courts will look at the facts objectively and, as a starting point, will examine the basis upon which the ‘aggrieved’ shareholder agreed to become a member of the company, i.e. looking at the articles of association and any formal agreements between the shareholders....

Jun
08
2015

The Red Tape Challenge
#Corporate

In its 2013 consultation paper, “Red Tape Challenge: Company Filing Requirements”, the Government considered proposals to simplify a company’s statutory filing requirements, to reduce duplication and improve flexibility in companies' dealings with the Registrar. ...

Jun
01
2015

Clarkslegal’s corporate team continues its impressive run of deals...
#Corporate

It’s been a busy year for Clarkslegal’s corporate team, with the team acting on a number of corporate transactions. ...

Nov
17
2014

Clarkslegal advises BNP Paribas owned LaSer Loyalty SAS on sale of software company to MasterCard
#Corporate

Clarkslegal`s corporate team, led by Partner Ashan Arif, successfully advised BNP Paribas owned LaSer Loyalty SAS on its multi-million Euro sale of 5one Marketing Limited, a consultancy providing services, analysis and software to retailers, to MasterCard. The deal includes the sale of 5one`s US and South African subsidiaries....

Oct
24
2014

Genuine pre-estimate loss or penalty? Have the rules changed?
#Corporate

The parties to any contract can deal with the effects of breach of contract claim in a number of ways. For example, the contract may leave the issue of the determination of damages for breach of contract to the court. Alternatively, parties may choose to clarify, restrict or fix losses. They are common in construction and engineering contracts to cover the issue of delays. This avoids the need for complicated and lengthy court proceedings and allows the damages to be paid and contact to continue. Payment may be by deduction from the contract sum....

Aug
01
2014

Public Registry
#Corporate

The UK Government confirmed in the Queens Speech the intention to introduce a publicly accessible register of a company`s beneficial ownership in the UK. This will apply to all corporate bodies currently registered at Companies House....

Jun
30
2014

Canada-EU Free Trade Agreement
#Corporate

In October 2013, Canada and the EU concluded an agreement in principle on a Comprehensive Economic and Trade Agreement ("CETA"). It is envisaged that the Agreement will generate substantial new trade in goods and services as well as additional opportunities for investment. Once implemented, CETA is expected to increase bilateral trade in goods by 22.9% or E25.7 billion, which will foster growth and employment in both the EU and Canada...

May
09
2014

Clarkslegal advises PSD Industrial Holdings and Lane Packaging on sale
#Corporate

Clarkslegal`s corporate team, led by solicitor Phillipa Hobbins, successfully advised the shareholders of long-established packaging distribution businesses PSD Industrial Holdings Limited and Lane Packaging Limited on the sale to a PLC....

Apr
04
2014

Clarkslegal secures first UK acquisition for global industrial supplier to the LP Gas industry, Kosan Crisplant
#Corporate

Clarkslegal has successfully advised the world-leading manufacturer of products and systems for LP gas cylinder filling, Kosan Crisplant A/S, on its purchase of Swansea based LP gas engineering company, RMS Gas Engineering Limited....

Mar
14
2014

Business and consumer confidence on the up - but businesses need to invest to sustain the economic recovery
#Corporate

Addressing an exclusive audience of Thames Valley senior executives, the CBI`s Director of Economics Stephen Gifford announced last week that the UK economy is gathering momentum and is currently enjoying record levels of business optimism. However, he cautioned that to sustain this recovery, it is imperative that businesses increase investment....

Mar
11
2014

Clarkslegal closes corporate deals for Chatterbox Labs and Lion Apparel
#Corporate

Clarkslegal`s corporate team, headed by partner Ashan Arif, recently advised London-based language processing technologies company, Chatterbox Labs, on a restructuring of its shares....

Jan
14
2014

Shareholders` Agreements
#Corporate

A shareholders` agreement is a private contract entered into by some or all of the shareholders of a company to regulate the affairs between them. It gives rise to contractual obligations between the parties therefore the usual contractual remedies will be available in the event of breach. There are certain matters which are usually always covered by the shareholders` agreement and which are often the subject of negotiation between parties...

Dec
17
2013

Clarkslegal continues to support expansion of Eden Motor Group
#Corporate

Clarkslegal has advised Eden (GM) Limited (part of the Eden Motor Group) in acquiring franchises from Rider`s Garages Limited, a multi-motor dealership in Devon...

May
20
2013

Clarkslegal advises local charity on Islamic financing
#Corporate

Clarkslegal LLP has advised a Reading charity on obtaining finance for its acquisition of a prominent former corporate HQ building in Reading. The deal was based on Islamic financing, structured around the principles of diminishing Musharakah....

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