Office-holders’ Remuneration
MD Law’s insolvency team has a particular expertise in advising upon office-holders’ remuneration and obtaining fee approval via the Court. During 2024, our team made 22 remuneration applications to Court with a combined approved fee value in excess of £500,000. These applications comprised initial determinations and increasing and/or changing the basis of office-holders’ remuneration. As […]
Lease vs Licence vs Tenancy at Will: What’s the Difference?
When it comes to occupying commercial property, three common types of occupational arrangements exist: leases, licences, and tenancies at will. Though often referred to interchangeably, each has distinct legal characteristics and implications, which are explained below. Lease A lease is a legally binding contract granting exclusive possession of land or property for a determinable period, […]
MD Law delivers advice to hit £80m corporate transaction total
MD Law’s corporate team has supported founders and business leaders to achieve a total of £80m worth of transactions in the last year. Partner James Burdekin has built a successful team of corporate lawyers and support staff at the expanding Broomhall-based boutique firm, also attracting corporate mergers and acquisitions work and completing local to national […]
“Without Prejudice” – What Does It Really Mean?
You may have come across the term “Without Prejudice” in emails, letters, or during business and legal discussions. It is a legal phrase used to indicate that the contents of a communication—whether a letter, email, or conversation—cannot be used against the person who said or wrote it if the discussions or negotiations later break down. […]
Buying a Business: Share Purchase vs Asset Purchase Explained
You’ve found a business you want to buy but aren’t sure what the next steps are. Luke Turner, a solicitor in our Corporate team, shares his advice below. One of the first decisions you’ll need to make is whether to purchase the business through a share purchase or an asset purchase. Below are some key […]
Employment Settlement Agreements Q & A- For Employers and Businesses
What is a settlement agreement? A settlement agreement is a legally binding contract between an employer and an employee that resolves disputes or potential claims that could arise during or after employment. It typically involves the employee agreeing to waive their rights to bring claims against the employer, often in exchange for a financial settlement […]
Employment Settlement Agreements Q & A- For Employees
What is a settlement agreement? A settlement agreement is a legally binding contract between an employer and an employee that resolves disputes or potential claims that could arise during or after employment. It typically involves the employee agreeing to waive their rights to bring claims against the employer, often in exchange for a financial settlement […]
Dispute Resolution – The Legal Process Explained
Pre-Action The dispute resolution process begins long before court proceedings, starting with a Letter of Claim (also known as a Letter Before Action or Letter Before Claim). This letter is the Claimant’s primary opportunity to clearly outline their claim, including the legal basis for it, before involving the Court. It is crucial for the Claimant […]
Dental Practice Sales and Purchases- Part 1 – Selling a Dental Practice
Knowledge of the Process You have received an offer to buy your dental practice, and you are probably feeling a mix of excitement and anxiety about what happens next. Being forearmed with knowledge of the process will help- as preparation is key. In this short series, we will look at each stage of the process. […]
Reusing an Insolvent Company Name – Section 216 Explained
Ever wondered how a company can become insolvent but then seems to reappear shortly after? Find out how a company name can be reused following an insolvent liquidation. What is Section 216 of the Insolvency Act 1986? Section 216 of the Insolvency Act 1986 prevents directors or shadow directors of a company that has entered […]