Commercial

Why is a Shareholders Agreement important?

Shareholders are bound by the company’s Articles of Association and their obligations under it. However, there is no personal obligation to the company beyond the same. A well drafted shareholders agreement creates that personal obligation, a contract between the shareholders and forms a legal relation between them. The agreement gives clear structure to the shareholder...

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New transparency rules to keep companies squeaky clean

Company directors, people with significant control of a company, or anyone who files on behalf of a company, must ensure they comply with new transparency rules from March 2024.  Greater scrutiny of information lies at the heart of the new legislation, which is designed to plug potential loopholes that may have been exploited for the...

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A Landlord’s Guide to Dealing with Commercial Tenants

Understanding the Legal Framework The first step in dealing with commercial tenants is understanding the legal framework that governs commercial leases. The Landlord and Tenant Act 1954 is the primary legislation that regulates the relationship between landlords and commercial tenants in England and Wales. This Act provides protection to tenants by granting them the right...

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Public right of way claims – what are they, and can they be prevented?

What is a public right of way claim? A public right of way claim is a legal process that allows the public to use a certain area of private land for passage. These claims can be made by government bodies or by individuals, and they are typically made when there is no existing public access to a particular area....

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Break Clauses in Leases – What do they do?

Break clauses are regulated by specific laws and have implications that both parties should carefully consider. This article aims to shed light on the key aspects of break clauses in leases, outlining their effects, considerations for landlords and tenants, and the importance of seeking legal advice when exercising them. Break clauses can be included in...

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Forthcoming changes to EPC Certificates for Commercial Properties

What is an Energy Performance Certificate (EPC)? An EPC is a certificate issued by an assessor which provides information on the energy efficiency of a property. It provides a rating between A – G (A being the best) and in most cases is accompanied by a recommendation report indicating what steps could be taken to...

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