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2 April 2020 0 Comments Posted in Corporate, Opinion

Furloughing and EMI schemes: unexpected consequences for option holders and their employers

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Tax issues

Enterprise Management Incentive (EMI) option holders who have been furloughed by their employers may be facing tax issues, warns our Corporate team.

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27 February 2020 0 Comments Posted in Corporate & Commercial, News

Pioneering lifestyle store secures private equity investment with support from Royds Withy King

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The Corporate team at Royds Withy King has provided equity investment support to the entrepreneurs behind a new kitchen, food market and lifestyle store which will open this summer.

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7 January 2020 0 Comments Posted in Corporate & Commercial, Opinion

The end of the annual return, PSC Register – what is it and what changes were made?

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egister of People with Significant Control Regulations 2016

Since 6 April 2016, all UK companies (other than those subject to financial services requirements and certain listed companies) and LLPs have been required to keep a ‘Persons with Significant Control’ register (“Register”).

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14 October 2019 0 Comments Posted in Corporate & Commercial, News

Royds Withy King unlocks new quarry for MJ Church

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M.J.Church Royds Withy King

Law firm Royds Withy King has advised MJ Church (Plant) Limited on the acquisition of Wick Quarry Limited in a deal that will see waste management and conservation working hand in hand.

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4 June 2019 0 Comments Posted in Corporate & Commercial, Opinion

The importance of proper disclosure

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In a recent case in the High Court, Mrs Justice Cockerill DBE held that the sellers of all the shares in a private company were in breach of warranties given by them in a Share Purchase Agreement (SPA) by reason of an under provision of the target company’s liabilities in its most recent annual accounts.

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23 April 2019 0 Comments Posted in Corporate & Commercial, News

Royds Withy King Deals with the Logistics of Transport Company Purchase

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Press release

A Blackburn-based transport group has acquired a family-run logistics business, with advice and support from Royds Withy King. Royds Withy King acted for OTIF Holdings Limited, which is owned by entrepreneur Graham Darnell, on its purchase of Adam Jones & …

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11 October 2018 0 Comments Posted in Health & Social Care, Opinion

Buying or selling a dental practice: change in process for applications to the Care Quality Commission and NHS England

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Dentistry

Our Health & Social Care team explain the new approach the CQC is planning to take in relation to the application process on the sale of dental practices. Although as yet unpublished, the new process will pose problems for both buyers and sellers of dental practices.

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17 May 2018 0 Comments Posted in Corporate & Commercial, Opinion

EMI options and EU state aid

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Tax issues

We previously reported the expiry on 6 April 2018 of EU State Aid approval for EMI schemes. We have since been awaiting a decision from the EU Commission on a fresh approval.

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EU State Aid and EMI share options

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Tax issues

It is not commonly understood that the EMI tax regime is subject to the EU State Aid rules. HMRC published a Bulletin on 4th April with an update for companies operating EMI option plans. It is particularly relevant for those companies proposing to grant EMI options in the near future.

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11 August 2017 0 Comments Posted in News

Royds Withy King advises on historic Bristol school site development

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ormer Redland High School site

Royds Withy King have advised Bath-based property developers Kersfield on the acquisition of the Redland High School site in Bristol.

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

Royds Withy King advises on Gradwell buy-in management buyout

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Press release

Royds Withy King’s South West Corporate and Commercial team have advised on the buy-in management buyout (BIMBO) of Bath-based The deal provides an exit for private equity investor Altitude Partners.

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13 June 2017 0 Comments Posted in News

Double celebration for Royds Withy King as awards shortlist is revealed

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Press release

The merger which created UK Top 100 law firm Royds Withy King, together with the sale of the firm’s client Higos Holdings Limited to Global Risk Partners (GRP), are among the deals to have been shortlisted for a prestigious regional business award.

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