YACHT(ing) GUIDES LAUNCH Yachtinglawyers.com details what we can do for you as a boat owner or potential boat owner. We also advise brokers, charter companies and marinas. This year Truelegal’s team of solicitors has been boosted by the arrival of yachting lawyer Hannah Cash. Hannah has worked on yachting and boating legal issues in Gibraltar and [...]
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At Truelegal we have been advising or engaged with companies at different levels in the UK’s emerging Solar Photovoltaic market including property owners, investors, EPC providers, distributors and manufacturers. While the underlying legal principles aren’t new there are some novel applications and twists which we have been able to put forward to add value to [...]
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The Code for Leasing Business Premises in England and Wales 2007 is the result of collaboration between commercial property professionals and industry bodies representing both owners (Landlords) and occupiers (Tenants). The Code aims to promote fairness in commercial leases, and recognises a need to increase awareness of property issues, especially among small businesses, ensuring that [...]
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Enterprise Finance Guarantee for Business Owners As a small to medium-sized enterprise, you may have viable business plans that need funding and for which a loan would be appropriate. However, you may be struggling to access the finance or working capital required because of the additional risks arising from the economic downturn. The newly announced Enterprise [...]
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What should you think about when buying a “bust” business from an administrator? 1. Look out for opportunities to buy businesses in distress. These could be competitors, suppliers or businesses that add value to your existing client base. 2. If a deal comes your way, you will have to be very focused on making it [...]
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Period/term. Fixed, rolling with notice, or a combination. Are you happy if the other party puts in an option to extend for a further period without your say so? Or that they could terminate early? A supplier should have a limitation of liability clause, to minimise the categories (e.g. loss of profits, loss of business, [...]
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As a tenant this is not always as easy as you may think. A lease is a legal contract, and your landlord can take you to court if you break it. But depending on the circumstances, your landlord may be prepared to negotiate a compromise. Surrender, Assignment or Underlease There are two ways to get out [...]
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Paying cash for an asset can be a significant drain on your working capital. Leasing the asset, however, gives you access to the asset without paying for it all at once. All forms of leasing are basically rental agreements giving you (the lessee) the right to use an asset owned by the lessor (finance company) [...]
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Be sure to have actually READ your contract before signing. Keep in mind that once you have signed, you are entering into a legally binding contractual relationship with the other party. There isn’t usally a cooling off period – particularly if you are a business rather than a consumer. Here are a few things to watch for [...]
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Did you get that sinking feeling when you turned on the breakfast TV news on Monday morning? Were you tempted to pull up the duvet and just stay in bed…? NO, I didn’t think you were the type. Truelegal has a great client base of enthusiastic entrepreneurs, individuals ready and willing to react to the market [...]
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