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Commercial & Business Law

Commercial & Business Law

Our specialist lawyers work with businesses from various sectors, from sole traders to large companies. We believe prevention is better than cure and we will work hard to help you manage legal risk and avoid disputes. In the event of a legal dispute, advice from our commercial law team will help you settle the issue quickly and fairly.

Our commercial expertise includes:

We understand that these transactions can be demanding and each case is individual. Our lawyers will advise you on each stage of the process and work hard to finalise matters in the fastest, most cost-effective way. We have dealt with numerous transactions, ranging from the sale of owner-managed convenience stores, to the acquisition of pharmaceutical companies worth millions of pounds. We also have expertise in dealing with acquisitions from administrators and liquidators.

We have seen many businesses suffer as a consequence of disputes between partners. It is always advisable from the outset to record any agreements or understandings in writing. While this does not guarantee there won’t be disagreements in the future, it does provide for more certainty and helps to reduce the scope for argument.

We can assist you to draft a wide range of commercial contracts such as franchise agreements, agency agreements, distributorship agreements, conditions of sale and purchase, and so on.

Some of our clients have reached an age where they wish to formulate an exit strategy or pass the business on to others. Working with accountants, we can help formulate and implement a strategy for doing this in a practical and tax effective manner. We can help you ensure wealth is smoothly transferred from one generation to the next, and will make sure you retain choice, control and flexibility when it comes to your finances.

In many family businesses, there are often few written agreements. This is fine while all members of the family are getting on well, however, if a dispute arises or one of the persons involved in the business dies, this can lead to numerous problems. We always recommend that agreements between family members are formally documented.

If you find yourself in dispute, our expert litigation lawyers can help you. For more, see Dispute Resolution [Link to Dispute Resolution]

We are able to assist with contentious and non-contentious employment matters. We specialise in all areas of Employment including:

  • Unfair and Wrongful fismissal and Employment Tribunal Claims
  • Employment Contracts/Service Agreements
  • Redundancy
  • Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE)
  • Settlement Agreements
  • Disciplinary and Grievance Issues
  • Discrimination and Harassment

We have dealt with a wide range of cases involving insolvent companies and individuals, having formed very close links with specialist accountants and insolvency practitioners. Working together, we offer practical and effective advice to struggling companies or companies already in administration or liquidation. Equally, we are able to assist individuals who are having problems with debts and are considering bankruptcy.

Our insolvency expertise includes:

  • Restructuring
    Where companies or individuals are struggling as a consequence of debt, we can provide practical advice as to how the insolvency process can be best used to protect them and perhaps allow a business to be saved.
  • Administrations, Company Voluntary Arrangement (CVA) & Individual Voluntary Arrangement (IVA)
    The administration, CVA or IVA route is an option for companies and individuals who are struggling to meet their liabilities. In appropriate cases, these procedures can be used to obtain a moratorium or breathing space to allow companies and individuals to reorganise and restructure their affairs with a view to saving a business or assets going forwards.
  • Insolvency Transactions
    We have considerable experience of acting for both administrators and liquidators, and companies dealing with them, in relation to business and asset sale transactions. In most cases, it is essential that such transactions are dealt with speedily and commercially.
  • Other insolvency procedures
    We can advise on other insolvency procedures including administrative receiverships, LPA receiverships, compulsory liquidations and voluntary liquidations.

For all enquires relating to Commercial & Business Law, please call 020 8427 9080 or email info@vyman.co.uk