The 6 Most Common Mistakes When Selling Your Business

1. Be Decisive Once you decide to sell or retire, don’t look back. Plan what you want or need from a sale and get on with it. I am a big believer that a wrong decision is better than indecision. 2. Due Diligence or lack thereof! This applies more to the buy side (i.e. Know Read More …

Financial Times Contribution

I was recently asked by the Financial Times to respond to a reader’s question, so I have decided to relate the question and my response to readers of this blog. The full article can be found here http://www.ft.com/cms/s/0/15607a86-4b56-11e1-a325-00144feabdc0.html#axzz1tc3QTCRR , although you may need to log in to read it. (All rights reserved to the FT): Can my Read More …

Trademark Hijackings, Part Deux

Internet Sales On 22nd September 2011 the Court of Justice of the EU reached its long awaited decision in the Interflora v Marks & Spencer case. Interflora sued M&S for buying “Interflora-themed” Google Adwords (see previous blog entry entitled “Trademark Hijackings” on the use of Trade Marks as Search/Adwords terms) such that when customers searched “interflora” Read More …

Bribery Act – Prosecution #1

Bribery Act 2010 The first prosecution under the Bribery Act 2010 which came into force earlier in 2011 is of a court clerk, Mr Patel at a county court in Essex. The CPS said “It is alleged that Patel promised an individual summonsed for a motoring offence that he could influence the course of criminal Read More …

Restrictive Covenants

A Restrictive Covenant is a negative covenant that restricts the way in which a party can act. They are commonly used in the context of Property (to govern the way in which land may be used), Employment (what an employee cannot do after a period of employment or service) or in a company purchase or Read More …

Contractual “Black Holes”

Court of Appeal holds that phrase “a formal contract will follow” did not make an agreement subject to contract Read More …

Are You A Distance Seller?

I was recently asked by a client who runs a successful online business information service about the UK laws governing distance selling to both consumers and businesses. So after researching his particular issue, I thought I would write a general note on the topic. The Distance Selling Regulations The Distance Selling Regulations (full title: Consumer Read More …