Ending a commercial lease early in UK? Some individuals review their Wills regularly ensuring that they amend them to take account of a change in family or personal circumstances. However, those that don’t may find that on their death their Wills may not reflect their own last wishes or the expectations of those they have left behind. There are a number of reasons one might wish to make a Deed of Variation, for example, to make provision for someone who was excluded from the Will, to take account of differences in the financial position of beneficiaries, or to simply pass assets on to the next generation. There may well be other financial reasons to consider. At Blackstone, we can help to ensure a Deed of Variation achieves the outcome you are looking for. It is imperative that you seek expert legal help as once a variation has been made it cannot be undone.
We would not recommend that you include all company decisions in the “unanimous” box as this may prevent the company from actually carrying on any business at all. Investment protection upon sale…tag along… As a minority shareholder you may want a provision to be included in the shareholders’ agreement which requires that, upon the majority shareholder receiving an offer for his/her shares, you as the minority shareholder must be offered the same offer for your shares. This is often referred to as a “tag-along” provision. How does a Shareholders’ Agreement Help a Majority Shareholder? As a majority shareholder (more than 50% of shares), you may want to sell your shares but a minority shareholder is unwilling to agree, then you can include a provision in the shareholders’ agreement which forces the minority to sell their shares. This will allow you as the majority shareholder to realise your investment at a time and price that suits you. The price offered for the shares must be fair for all shareholders, including the minority.
What is different about new build conveyancing? When buying a new build property, there are certain matters that make it different to buying an already-established home, while consideration may also have to be given to certain additional matters. Among the main differences are: A ‘new property’ is being sold, The site of the property will usually be owned by the developer, who is only part-selling the house as a housing plot, The conveyancing procedure may be altered to simplify the process for the developer, who will likely be involved with a large number of sales at the same time.
Unafraid to stand up for what we believe in, we pursue claims thoroughly and are never deterred when hurdles arise. We like to be the ones to steer the case in the direction we want, and we keep our clients informed at every twist and turn. Our extensive understanding of the law is coupled with a wealth of business experience that stretches across all levels. This is a feature that runs through our entire team, arming us with the tools to take on cases of every complexity. Read additional details on .
General litigation disputes can come in many forms. The team at Blackstone is able to help in any such instance, drawing upon our wealth of experience in these areas to provide the guidance you require. Litigation disputes can include: Professional negligence, Debt recovery, Partnership disputes, Contract claims, Contentious probate claims, Nuisance claims. However, it is important to note that any situation where you are in dispute with another party can give rise to litigation. This is why seeking legal help to ensure you approach disputes in the correct way is so essential – you need to give yourself the best chance of sorting out the matter as quickly and effectively as possible.
If the lease grants security of tenure, the lease will continue after the expiry date if the Tenant remains in occupation of the property for business purposes. In this scenario the Landlord or Tenant must serve one of the following notices to terminate the lease: Section 25 notice – if the Landlord wishes to determine the lease and can satisfy one of the grounds in section 30 of the Landlord and Tenant Act 1954, serving a hostile section 25 notice will prevent the Tenant from taking a new lease. Examples of grounds under the Act include breaching repairing obligations, persistent delays in paying rent or the Landlord redeveloping the property. Section 26 notice – if the Tenant wants to terminate the lease, a section 26 notice can be served. Read additional details on this website.