The Companies (Model Articles) Regulations 2008 set out the default provisions that apply to a company’s articles of association if the company has not adopted its own bespoke articles. These …
The constitution is a set of rules and values defining and limiting the use of power by which to guarantee the rights and freedom of people. The UK constitution, in …
Risk In the case of having an agent, the commercial risk remains with the principal, although the agent could have the power to enter into binding agreements …
Intellectual Property rights are the rights responsible for preventing others from enjoying your intangible property. Those rights include: Patent; Trade Marks; Copyright; Registered design; and Unregistered design. In the UK, …
A franchise agreement is a legal contract between a Franchisor (the parent company) and a Franchisee (the individual or entity purchasing the rights to operate the franchise). …
Supply& Distribute Agreements are normally used when one company (”Supplier/ Principal”) agrees to provide goods or services to another company (“Distributor”), and the distributor, in turn, sells those products to …
Embarking on the journey of establishing a new business can be exhilarating yet simultaneously daunting, as various aspects such as fundraising, strategic planning, operations, and financial management come …
Shares are units of ownership in any company—the most common two types of shares, ordinary and preference. Ordinary shares allow the holder to vote at annual general meetings. In contrast, …
Vicarious liability is the legal term for holding a person or entity responsible for the wrongdoing of another person or entity. This is often where an employer is held responsible …
A non-compete agreement (NCA) is a contract between an employee and employer. It prohibits the employee from working in a similar role for a competitor in a …
