News articles – Commercial Contracts
The shareholder agreement is often one of those documents that startups sometimes forgo or even ‘bootstrap’ by cutting and pasting from other documents without taking independent legal advice.
If you are one of the thousands of business owners in the UK who have had to adapt during the past couple of months to survive the coronavirus pandemic, then it is likely that some of your contractual arrangements may not have kept pace with all the changes you have made.
After the immediate shock of the lockdown and the March quarter day which came soon afterwards, commercial property landlords are taking stock and working out their options for the next few months. Landlords who take the right steps now, with the right advice, will have the best chance of preserving a strong portfolio for the future.
Thackray Williams solicitors have announced their intention to extend their opening hours in order to be able better support their clients during the coronavirus pandemic, particularly those that may not be able to seek legal advice during traditional office hours.
When you extend credit to a customer it is very easy to forget that it is the same as handing over cash. In order to preserve and protect the financial health of your business, it is vitally important to ensure that you regularly review and update your contractual terms with your customers, suppliers and contractors.