Bdaily’s Post

Restructuring and insolvency partners Paul Keddie and Jat Bains led the Macfarlanes team advising Dobbies Garden Centres on restructuring measures. The team also included senior associate Tim Bromley-White and associates Natalie Peacock and Tom Birt. Find out more: https://ow.ly/y4iw50UnuiY

Fletchers Group agrees Scott Rees takeover “Fletchers has the capability, access to cases and investment support to ensure long-term growth and provide colleagues with more opportunities for career progression.” Law firm Fletchers Group has agreed a deal to buy Scott Rees & Co Solicitors. Under the terms of the deal, Scott Rees’ near 100-strong workforce will join Fletchers Group, with managing partner Royston Smith set to be replaced by Fletchers’ Charlene Mann following a short transition period. The acquisition – worth an undisclosed sum – is expected to complete in February. Find out more here: https://lnkd.in/e3TXC2fr Peter Haden #bdaily #law #businessgrowth #acquisition

Productive relationships and partnerships are so important to business success. Kingsgate is no different. Our support for financially-challenged companies often starts via a third party. Referrals come to us from investors keen to protest their assets, such as banks and private equity, or from others supporting the business in question – accountants, lawyers or insolvency practitioners. We’re always interested to hear from corporate professionals looking for proven turnaround expertise, which can make all the difference in enabling a struggling company to return to long-term viability. https://buff.ly/45A47Im #turnaround #partnership #viability

The Anderson Firm recently acted as deal counsel in the representation of a small business entrepreneur in connection with the acquisition of a home-services company based in Jersey City, NJ. The transaction involved numerous parties and required extensive negotiations around the post-closing transition process of the business. #SmallBusinessAcquisition #BusinessTransactions #JerseyCityBusiness #TheAndersonFirmPC

Cook Corporate Acts in Share Sale of Your Business Development Limited Cook Corporate Solicitors have acted for the shareholders of Your Business Development Limited in the sale of its entire issued share capital to Brown & Brown (Europe) Limited. Your Business Development Limited is a Bristol-based consultancy firm providing business development support to companies throughout the UK and beyond. Charles Cook, Managing Partner at Cook Corporate, commented, “We are delighted to have completed this sale for Yafit and Paul, and we wish them both the very best going forward.” Alex Jessup worked alongside Charles to complete the transaction.

“This deal brought together some of the newest and most ambitious players in the property market." Manjit Virdee and Pardeep Khela advised Threesmith Group on its acquisition of the Northern Assurance Buildings in Manchester. Craig Burman, Andrew Hurst, Victoria Boothby and Zoe Halliday assisted with the planning and construction aspects.  Find out how our real estate team can help you with your properties, developments or finance, enquiries@schofieldsweeney.co.uk https://lnkd.in/g5d_FCMg #realestate #lawfirm #propertylaw #legaladvice

Entering the Management Rights industry can be done so in a number of ways. Partnerships or Syndicates is one way to invest yet have the safety and support with risk diversity. Check out my interview with leading MR Finance expert Mark Ryall #Managementrights #Resortbrokers #commericalfinance #managementrightsmadeeasy

A lot of important tax planning work was completed prior to the eventual sale of this business. It is always important to have your business succession plan in place as you never know when a quality offer might come your way. Good working with you Steve Fylypchuk, CMAP, CBI. #successionplanning #businesssale

A really insightful morning thanks to EMW Law LLP - B Corp Certified This morning they hosted their housing conference which gave an insight into the latest market news and a planning update. These talks were then followed by a talk about the current housing crisis, more specifically social housing, and what plans are in place within the region and across the country to help tackle this crisis. Included in this talk was what the future is for s106 acquisitions. #planning #housing #residential #market #commercial

Great to jointly present today with Scott Guthrie. It is important to remember that being in the Safe Harbour against insolvent trading only protects directors from insolvent trading liability. Directors still have to satisfy their duties to the company, including taking into account the interests of creditors. These duties likely mean a director cannot cause the company to incur new debts under a safe harbour restructuring plan that they do not reasonably believe will be repaid, even if the overall amount of creditors will be improved if the plan is successful. The exception to this may be if the new debt is with an existing creditor who overall will be better off under the plan. Put another way, you can’t sacrifice the interests of new creditors to achieve a better return for existing creditors.