Category Archive Commercial Law

ByMichael Morrison

Mergers & Acquisitions – Corporate & Commercial

Commercial solicitors in London have reported an increase in contract instructions. Many feel that this is due to the fact that post the Brexit vote American deals with the United Kingdom have increased recently compared to last year. This upturn however is not reversible i.e. it is not reflected with transactions between the United Kingdom and America.

Share This:-
Facebooktwittergoogle_pluslinkedin
ByMichael Morrison

Commercial Litigation – Corporate Crime and Fraud

Prosecutions for commercial fraud are expected to rise this year due to a stronger commitment to bring proceedings under the Bribery Act 2010. It will be interesting to see how the offence of failing to prevent bribery is handled by both the prosecuting authorities such as the Serious Fraud Office and defendants alike.

The Criminal Finances Act currently forging its passage through Parliament, as a Bill, should bring some tantalising developments.

 

Share This:-
Facebooktwittergoogle_pluslinkedin
ByMichael Morrison

Retail Property Purchases Will Add Fuel to Strengthening Employment Market

Commercial property solicitors in London have ‘inboxed’ their employment departments to brace themselves for a substantial increase in contract work.

Purchasers have spent £1billion on retail space in central London in the first six months of this year originating particularly from Singapore and Hong Kong. The City unfortunately is not faring as well due to the Brexit vote and the uncertainty of its position with the European Union.

 

Share This:-
Facebooktwittergoogle_pluslinkedin
ByMichael Morrison

Commercial Prospects For Growing Businesses Are Increasing

The changes made to entrepreneur’s relief and to capital gains tax by the Budget in March have made growing businesses and start ups more attractive as investment vehicles many commercial solicitors in London are reporting. Capital gains tax was cut from 28% to 20% for top rate tax payers and from 18% to 10% for basic rate tax payers.

Long-term shareholders in unlisted companies are to receive a boon as entrepreneur’s relief is set to be extended.

 

 

Share This:-
Facebooktwittergoogle_pluslinkedin
ByMichael Morrison

Investment Banking Redundancies

Employment solicitors in London are bracing themselves for a flurry of activity in the preparation and reviewing of settlement agreements and tribunal proceedings.

Banks such as Credit Suisse, Barclays and Deutsche are reducing their investment banking departments and some are reducing staff numbers by thousands. Challenging market conditions, unprecedented low levels of client business, exposure to illiquid inventory and an inflexible cost base have together conspired to create an extremely depressing scene.

 

 

Share This:-
Facebooktwittergoogle_pluslinkedin
ByMichael Morrison

Start-Up Economy is Expanding

Commercial solicitors in London with strong employment departments are bracing themselves for a surge in fresh instructions as new retail ventures, food and tech businesses commence trading weekly.

There is a strong bullish sentiment as to hiring new staff currently in this sector.

Romford in Essex is the start-up capital of Great Britain with 6,188 new business start-ups last year.

Share This:-
Facebooktwittergoogle_pluslinkedin