What is the Difference Between Share Sale and Asset Sale?
A central consideration when buying or selling a business is whether to proceed with a share sale or an asset sale. Whether you are a seller deciding on an exitRead More
What is a Supply Agreement?
A supply agreement is a legal document which outlines the way in which a business supplies, sells or distributes goods to another party. Supply agreements can be complex documents whenRead More
What are Preference Shares?
If you are a business who is looking to raise capital, issuing preference shares is an option you should strongly consider. Preference shares are also known as preferred stocks andRead More
What Does First Right of Refusal Mean?
The first right of refusal is a contractual right that ensures businesses have access to certain commercial opportunities before others. It is similar to an options clause because the holderRead More
What Does ‘Without Prejudice’ Mean?
The term ‘without prejudice’ is used in legal negotiations to help parties to a dispute make a genuine attempt to settle outside of court. It is a legal privilege thatRead More
What is a Deed of Guarantee?
A Deed of Guarantee is a binding legal document under which one party (the guarantor) agrees to guarantee that certain obligations of another party will be met. In doing so,Read More
What Is a Deed of Indemnity?
A deed of indemnity refers to a contractual agreement between a company and a company director or officer. Whilst having a deed of indemnity is not a requirement for eitherRead More
What is a Sunset Clause?
A sunset clause refers to a provision in a contract that limits how long a contract is valid for – meaning that after the specified date, the document will noRead More