Welcome Section 230 Employment Rights Act 1996 sets out the legal definitions of employee and worker. To be a worker – and gain the benefits of paid holiday and national minimum wage - there must be a contract between the business and the...
A personal guarantee is a promise, given by an individual, to ensure that a third party fulfils its obligations and/or a promise to fulfil those obligations if that third party fails to do so. The individual who signs is a personal guarantee is therefore...
An engaged couple may consider preparing a pre-nuptial agreement documenting what should happen to their assets in the event that their marriage comes to an end. Such an agreement may be contemplated, in particular, in the following...
A restrictive covenant is also known as a negative covenant. It is an agreement or promise restricting the person or persons giving the covenant from taking certain actions. In a business context, a restrictive covenant is a clause in a contract or...
The family court has recently been asked to consider a mother’s appeal against an order made in Child Arrangements Proceedings that she should contribute to the costs of maintaining the parties’ child’s contact with their father. ...
Due diligence is the process by which a prospective buyer of a company or business (the target) investigates the target to support its value and find out whether there are matters on which it requires further information or which it should use as a platform...
If you wish to separate from your spouse and deal with the financial matters arising from your separation there are a range of options as to how this can be done: Reaching a direct agreement- some parties reach an agreement directly as to how they wish...
Separation and divorce can be a stressful time and the process itself may seem daunting or overwhelming at the outset. For many people, they will not have been through the process before and so the steps needed are all new and unknown. At George Green...
An earn-out is a deferred payment based on the post-completion performance of the target company. The earn-out is normally calculated with reference to the target company’s profits over a period post completion, but may be linked to other financial or...
Will formalities Under the Wills Act 1837, a Will must be signed by the testator in the presence of two independent witnesses who have no interest in the Will. The witnesses also sign the Will and each state their name, address and occupation. This...
