As part of its ongoing efforts to support businesses that have been seriously affected by the coronavirus and the resulting economic fallout from global shutdowns, the UK government recently established the “Future Fund” and committed £1.25 billion to struggling startups. The Future Fund is the latest in a series of tax and financial measures established by the UK government in …
How to avoid a legal battle the smart way
Starting a business can be exciting and unpredictable. There are new people to meet, money to make and markets to revolutionise. However, one thing every startup wants to avoid are expensive and time consuming legal battles. Litigation can be completely unnecessary and totally avoidable. Listed below are the key legal weapons you can use to defend your business in a …
Business dispute: When Should I Hire a Lawyer?
When should you hire a lawyer? Hiring a lawyer is not an extravagant expense but a cost saving one. What you should do before hiring your lawyer: Know your needs Would you prefer to go to court or stay courteous? Trust your lawyer Do they take the time to teach you about the legal context of your business? Do they …
Horror Stories: Never Use A Breach Of Contract Template
What you don’t want to pay for is any routine work, but you are willing to pay for experience. Thus, you shouldn’t use a breach of contract template. Putting a legal template in the hands of a non-lawyer is somewhat akin to giving a ball to someone who never has had any training. He will know how to shoot in …
Business Dispute: Tips on Negotiation
Negotiation is a part of everyday life, but negotiation is even more important in case of conflict. Dispute brings up concerns about the cost of litigation, loss of reputation and loss of time and energy. In case of a dispute, negotiating might allow you to avoid these costs or, at the very least, mitigate them. What do you need to …
Tag along drag along rights explained
There are many different aspects of a Shareholders’ Agreement. This is to explain what Tag Along and Drag Along rights are. What are tag along and drag along rights? A tag along provision also called ‘co-sale right’ is a clause that allows minor shareholders to ‘tag along’ with a larger shareholder or group of shareholders if they find a buyer …
Business Dispute: A Step-By-Step Guide
Disputes are a part of a business adventure. It is time consuming, irritating and it costs money. But, this conflict can be handled smoothly if you know the steps to follow. According the CEDR Mediation audit – 10,000 commercial mediations were performed in 2016, an increase of 5%. Here is a step by step guide for a peaceful resolution of …
Solving Business Disputes
According the CEDR Mediation audit – 10,000 commercial mediations were performed in 2016, an increase of 5%. There is trend to solve disputes as smoothly as possible. Business disputes raise concerns about the cost of litigation, loss of reputation and loss of time and energy. Here are some tips to help you solve business disputes. Choose your legal proceedings The …
Shareholders’ Agreement: Everything You Need To Know
A shareholders agreement is a legally binding contract between the shareholders of a company. A shareholders agreement determines the shareholders’ rights, responsibilities, privileges and protections. It can be used to protect investments, it creates a secure relationship among shareholders and maps out the running of a company. With a shareholders agreement there is clarity and certainty as to what can …
Interview with the CEO of Careviz, Mikael Metthey
Meet Mikael Metthey, the Co-Founder and CEO of Careviz. Careviz is a mobile platform dedicated to cancer patients and their families. The company hopes to utilize technology to improve the journeys of cancer patients. What does your company do? Mikael: We regroup products and services needed by cancer patients and their families. What inspired you to start Careviz? Mikael: Challenging …