In March 2007 the High Court held that UK sex discrimination legislation did not comply with European law in several siginificant respects.  The Government has finally published the amending regulations which will take effect from 6 April 2008:
• A new, wider, definition of sexual harassment.  A complainant will only need to show that the alleged treatment [...]

Posted: March 20th, 2008 under Employment/HR.
Comments: none

Due diligence is the process by which a buyer gathers information about a business which it is interested in acquiring. The process enables the buyer to establish as full a picture of the target business as possible. This will help the buyer to identify any risks associated to the business and also enable [...]

Posted: March 7th, 2008 under Corporate Finance.
Comments: none

There are two ways in which a buyer can acquire a target business. It can either buy the shares of the company which owns the business and assets (share purchase) or it can buy the business and assets directly from the company that owns them (business purchase).
In a share purchase, all of the company’s [...]

Posted: March 7th, 2008 under Corporate Finance.
Comments: none

The disclosure letter is a key document in relation to any business sale (be that a share purchase or a business purchase - click here to see article “Share v. Asset Sale”). It usually takes the form of a letter addressed to the buyer from the seller. It serves two main purposes. The [...]

Posted: March 7th, 2008 under Corporate Finance.
Comments: none

In the context of a business sale (whether by acquiring shares or assets - click here to see article “Share v. Asset Sale“), warranties are “contractual promises” given by the seller to the buyer. These promises relate to the seller and also to the business being sold and usually include promises with respect to, for [...]

Posted: March 7th, 2008 under Corporate Finance.
Comments: none