Legal Resources and News

Neves Solicitors has expanded their Company Commercial specialist team with the appointment of Kim Sayer.

An agreement for disagreement? A reminder of the importance of ensuring certainty when contracting with third parties.

The recent Court of Appeal judgement in the case of Morris v Swanton Care & Community Ltd [2018] EWCA Civ 2763 found that an earn-out provision in a share purchase agreement contained an unenforceable clause that rendered the agreement as nothing more than just an “agreement to agree”.

For most people, whether they are sellers or buyers, a sea-change in the status and ownership of their business may be the most important transaction in their working lives - with implications for income, lifestyle, pension pot, retirement and inheritance.

Supreme Court RulingOn 18th April 2018 the Supreme Court allowed the appeal in the matter of Morris-Garner and another (Appellants) v One Step (Support) Limited (Respondent). This judgement which can be found on the supreme court website clarifies and determines the remedies of damages in certain types of disputes and confirms that the underlying principle for the award of damages in breach of contract claims is to restore the non-defaulting party to the position that they would have been if the breach had not occurred

Why protecting your business interests with a Shareholder Agreement is a 'must‘

“I never dreamed I’d need a shareholders’ agreement.  I thought Nick was invincible.  Now it looks like I might lose everything I’ve worked for!”  This was Jonathan, a couple of months following his friend and business partner’s shocking death.