Six areas new employers need to consider about recruitment and hiring Failure to comply with relevant employment laws can result in both criminal and civil liability. We set out six key areas new employers should consider when hiring employees for the first time. 1. Advertising Job Vacancies Emplo... read more
What to expect from the legal process after agreeing heads of terms to lease your first office We outline below seven steps you should expect once you have instructed solicitors on an office lease. 1 - Onboarding with the Landlord's Solicitors and Property Searches Once we have on-boarded you as a client and carried out the ne... read more
What do I need to know when buying property through a company? There are occasions when buying a company that owns a target property can be advantageous to the buyer. We have set out below some of the key points that arise when buying property through a company for the first time. 1.  &nb... read more
Autumn Statement 2022: the SEIS threshold increases survives While most of the announcements from September's "mini-budget" have subsequently been rather ignominiously scrapped, it was confirmed yesterday in the Autumn Statement that the government is not planning to scrap the changes to the signifi... read more
Faith in Nature “put nature on the board” Faith in Nature, the body and haircare brand has become the first company in the world to "put nature on the board". The company's articles of association, which were updated in September, state that the board of directors shall in... read more
What is the position now for sole directors & the model articles? In the recent case Re Active Wear Limited (in administration) [2022] EWHC 2340 (Ch), the High Court was again faced with a company led by a sole director which had adopted the model articles. The issue in question was whether the sole dire... read more
Last weeks ‘Mini-budget’ hikes the SEIS thresholds Last week's 'mini-budget' certainly contained a few headline grabbing announcements. One less flagged measure, however, is the loosening of the rules relating to the Seed Enterprise Investment Scheme (SEIS). SEIS is already quite a gene... read more
Young entrepreneurs made just £556m from business sales out of £28.9bn Boodle Hatfield, a leading private wealth law firm, says that young entrepreneurs* accounted for just 2% of value of all UK businesses sold in past year**. These entrepreneurs made just £556m in profits out of £28.9bn made in total by... read more
How employee ownership trusts work and what are the benefits? As we have seen an increase in the number of employee ownership trusts in the past years, Charlie Hewlett, Hugo Brown and Tom Lethaby at RVE Corporate Finance, clarify what they are and point out the fors and againsts. One attractive fe... read more
Transfer of ownership to employees increased 200% from 2019 to 2021 According to figures obtained from HMRC, the number of businesses transferring ownership to employees through Employee Ownership Trusts saw a sharp rise from 127 in 2019 to 384 in 2021. The number of new Employee Ownership Trusts (EOTs)... read more

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