You have been looking at a potential target company for some time and are aware that it is in serious financial difficulties. Do you make an offer now or wait until the company has gone under and make a cut-price offer when a bank has appointed a receiver? Imagine now, that the target company is [...]

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

When a business is sold the buyer and seller both have obligations under the Transfer of Undertakings (Protection of Employment) Regulations 2006. The Regulations are designed to safeguard the employment rights of employees involved in the transfer.
When do the Regulations Apply?
The Regulations apply when a business or undertaking, or a part of one, is transferred [...]

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

“Propco/opco” structuring has been a buzz phrase over the last few years, particularly in the care home and hotel sectors. It is a way for the owner of a business (not just a care home or hotel business) which has freehold or long leasehold assets to make the most efficient use of those assets, [...]

Posted: March 7th, 2008 under Commercial Property.
Comments: none

Over the last year there have been significant changes in the lending market. At the start of 2007 the appetite of funders to provide loans or equity support for businesses seemed to be unlimited and borrowers had a wide choice of sources from which to obtain finance. Although there were signs that [...]

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

The Government has announced that from 1 October 2008, the National Minimum Wage rates will increase as follows:
• workers aged 22 and over  - from £5.52 to £5.73 per hour
• workers aged 18 to  21 - from £4.60 to £4.77 per hour
• workers aged 16 or 17 - from £3.40 to £3.53 per hour
The Government estimates that nearly [...]

Posted: March 6th, 2008 under Employment/HR.
Comments: none