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What does Unilever’s relocation to the Netherlands tell us about the state of the UK corporate governance regime?

Posted by , Senior Associate

Unilever’s recent announcement of the decision to abandon its model of having dual headquarters in London and Rotterdam in favour of a single location in Rotterdam was seen by many as a symbolic blow to the UK’s attractiveness to international businesses in the wake of the Brexit vote. Unilever’s chief executive Paul Polman and the UK Government however, are adamant that the decision was not related to Brexit. So, if not Brexit, what were the key factors in the decision to abandon the existing model, which Unilever adopted in 1929 following the merger of Lever Brothers and Margarine Unie?

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19 January 2018 0 Comments Posted in Corporate & Commercial, Opinion

Carillion’s collapse – a corporate governance failure?

Posted by , Senior Associate

Financial investigation

Following Carillion, the second largest construction firm in the UK, and employer of 43,000 people, entering compulsory liquidation on Monday the government has ordered a fast-track investigation into the conduct of its directors.

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16 January 2018 0 Comments Posted in Corporate & Commercial, News

New owner for alcohol breathalyser immobilisation system distributor

Posted by , Senior Associate

Press release

The Corporate team at UK Top 100 law firm, Royds Withy King, has advised on the sale of Alcolock GB Ltd, a distributor of alcohol breathalyser immobilisation systems, to Isotrak Group. Established in 2006 by David Whittock, Alcolock was devised …

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8 August 2017 0 Comments Posted in News

Sale helps timber merchant to grow its branches

Posted by , Senior Associate

Sale helps timber merchant to grow its branches

A team from UK Top 100 law firm Royds Withy King based in Bath has advised the shareholders of one of the UK’s largest suppliers of wood-based timber products, Avon Plywood Limited, on the company’s sale to Sydenhams Ltd for …

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18 July 2017 0 Comments Posted in Corporate & Commercial, News

Royds Withy King advises on the sale of Frontline Display International

Posted by , Senior Associate

Press release

Corporate lawyers from UK Top 100 law firm Royds Withy King in Bath have advised global retail design and experiential marketing company Frontline Display International on its sale to leading integrated marketing communications agency, Big Group, for an undisclosed sum.

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8 May 2017 0 Comments Posted in Corporate & Commercial, News

Royds Withy King advises on Bath City Football Club takeover

Posted by , Senior Associate

Lawyers from Royds Withy King’s Corporate and Commercial team acted as advisers to Bath City Football Club on its transition to community ownership, with Bath City Supporters Society acquiring a majority shareholding (51%) and control of the board of directors.

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20 January 2017 0 Comments Posted in Corporate & Commercial, Opinion

What’s in store for South West M&A

Posted by , Senior Associate

Amid continued economic uncertainty, news that 2016 proved to be the busiest year by deal volume in the last decade serves as a timely reminder of the resilience of the South West deal market. The number of deals completed rose by 4%, according to Experian’s latest analysis of the M&A market, marking a sixth consecutive year of growth. Here I will explore our Corporate & Commercial team’s recent experience in the market and our expectations for 2017.

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15 December 2016 0 Comments Posted in Corporate & Commercial, Opinion

Due Diligence: Guiding you through the mechanics of selling

Posted by , Senior Associate

Due diligence is an essential part of any transaction. The buyer of a business will want to “kick the tyres” and ensure that the target business is what the seller has represented it to be.

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24 June 2016 0 Comments Posted in Corporate & Commercial, Opinion

Brexit: Corporate & Commercial legal implications

Posted by , Senior Associate

Brexit

The corporate market, particularly relating to mergers and acquisitions (M&A) is highly susceptible to prevailing economic conditions. Here we explore the potential effects of today’s Brexit vote announcement on UK businesses.

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How Manchester United tackled Chelsea for the trade mark “Jose Mourinho”

Posted by , Senior Associate

In the run up to Euro 2016, with England fans once again daring to dream of glory on the international stage, the football story dominating the headlines was Manchester United‘s search for a new manager, and the eventual appointment of Jose Mourinho. Catching the attention of intellectual property lawyers was the delay caused by the revelation that Chelsea owned various trade marks for the name “Jose Mourinho”, Jose having served as Chelsea manager from 2004 to 2007 and 2013 to 2015.

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31 May 2016 0 Comments Posted in Corporate & Commercial, Opinion

Entrepreneurs’ relief: are deferred shares part of a company’s ordinary share capital?

Posted by , Senior Associate

company shares

Companies that have shares with no dividend rights in issue may need to review their impact on the shareholdings of employees and directors and, if necessary, consider either their cancellation or conversion in the light of two recent decisions.

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23 May 2016 0 Comments Posted in Corporate & Commercial, Opinion

Buyers beware: limitations on bringing claims under a share purchase agreement

Posted by , Senior Associate

share purchase agreements

The recent High Court decision in Teoco UK Ltd v Aircom Jersey 4 Ltd serves as a timely warning to all buyers of companies who later seek to bring claims under the warranties or tax covenants in the share purchase agreement.

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