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Starting a new business venture can be both elating and daunting, whether you are an entrepreneur establishing your first company, or a director of an established company setting up a new subsidiary.
No two companies are alike; nor business owners. You will need expert legal advice and assistance to ensure that your company is set up in the right way to meet your particular business needs. You will also need to understand the necessary legal, regulatory and administrative issues and how to address them.
Our experienced, specialist company and commercial solicitors will work closely with your accountants and other professional advisers to ensure that your business is set up in ways that are both legally effective and tax efficient.
We help a wide variety of clients, advising on issues including:
- Companies Act legislation and formation requirements
- Shareholders agreements
- Directors’ Duties and Service Contracts
- Corporate restructuring
- Joint ventures
- Partnerships and Limited Liability Partnership (LLP) incorporation.
Examples of our work:
We helped our client, a leading printing services company, to acquire one of its subsidiary businesses. The transaction involved the sale of the entire share capital to a new holding company. Longmores was instructed to draft the share sale agreement and put in place a shareholder agreement for the new management team.
We helped our client, a leading local construction company, to set up a joint venture with a business services company to create a new venture worth in excess of £50 million. The transaction involved the negotiation and drafting of a multimillion-pound loan facility with a venture capitalist, which included a full suite of security documents alongside a joint venture agreement to govern the 35% shareholding taken by the new company.
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