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Welcome to the second edition of sas news, our new quarterly business e-newsletter. In this edition we are pleased to pass on to you some of our recent successes as well as keeping you informed about legal issues that we think might be of interest to you. Thank you to all those who sent us their feedback on the last issue and once again we would welcome any comments that you might have regarding this issue.
The contents of this newsletter are intended for guidance only but should you require specific advice, we have included an easy email link in each article to make contacting us that much easier.
We want to make sas news work for you, so would welcome your feedback to nigel.haddon@sasdaniels.co.uk. In the meantime we hope you will find this edition useful and informative.
Nigel Haddon - Managing Partner
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Our News Spreads WorldwideWe probably don’t go on the internet and search for mentions of ourselves quite as often as we should, but I found myself with a few minutes to spare towards the end of January.
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The DealerWhether you are responsible for the acquisition and disposal in a mid-corporate firm, an owner or manager looking to expand your business, or capitalising on the fruits of your life’s work; the Deals Register from SAS Daniels LLP will be of value to you.
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A Blinding Piece Of Business
Blinding pieces of new business won in the depths of recession are turning out to be precisely that as customer-supplier honeymoon periods end, contracts are axed in end-of-financial-year cost-cutting drives – and disputes escalate.
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Valuing A Privately Owned Business On DivorceDuring a divorce, your solicitor will seek to achieve a fair financial settlement on your behalf. Where you or your spouse are shareholders in a privately owned business it will be necessary to value the business in order to achieve that “fair” settlement.
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Accidents At Work - Your Liability As An EmployerBy law, you must protect the health, safety and welfare of your employees whilst at work warns Nicola Winslett, partner in the SAS Daniels LLP Personal Injury department. “You have this duty of care whether your staff are employed full-time, part-time, on a temporary contract, as an apprentice, a home-worker, volunteer or even on work experience.
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Break Clauses : Implications For The Landlord And TenantsBreak provisions allow tenants and landlords the right to terminate their lease before the expiry of a fixed term. Nigel Neary, a solicitor in our Commercial Property Department, explains that a break clause is usually exercised on a fixed date during the lease term although rolling breaks, which are exercisable at any time during the term, can also be agreed.
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I'll Bring My Lawyer To The HearingEver since 1999 when employees were first given the right to be accompanied to disciplinary and grievance hearings, this right has been limited. An employer must permit the employee to be accompanied either by another of the employer’s workers or alternatively by a trade union official but what happens when the employee demands to be accompanied by his lawyer ?
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Shareholder Disputes And ResolutionShareholder relationships have been likened to a commercial marriage with similar personal and financial stress resulting from a relationship breakdown. To prevent serious damage to the management and long term success of the company, shareholder disputes need to be addressed immediately.
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