Whether you are an established business or first-time entrepreneur entering a new venture, choosing the most advantageous and appropriate form of business on an informed basis is imperative. Spectrum can provide access to lawyers who can help you make the right choice on the forms of business available, including:
· Sole Traders
· Companies & PLCs
· Partnerships & LLPs
· Joint ventures
Mergers & Acquisitions
Whether you are considering disposing of, merging with or acquiring a business, Spectrum can provide access to a number of lawyers with expertise in corporate work who can help you achieve your business objectives.
Corporate transactions involve significant decisions for businesses, prior planning is essential and early interaction with a lawyer can often enable businesses to understand the risks involved and reduce their exposure and potential costs.
Your business will need to carefully consider the type of business it is looking to deal with and whether they are a good commercial and strategic fit. Other issues such as funding and appropriate legal structure for the transaction also need to be considered at the outset.
Spectrum’s specialist corporate lawyers can guide you through the process from initial planning, to negotiations, due diligence, disclosures, advising on any third party claim issues and drafting a sale and purchase agreement and any ancillary documents required.
During the life cycle of your business, you may need investment and finance. The wide range of products and providers available and the often confusing and complex nature of the terminology can result in poor decisions being made where clients have not sought expert advice. The methods financiers use to protect the money that they lend can change depending on what you want. The financing techniques that you may need to get the best out of your financiers may not be immediately apparent to you.
Spectrum members can offer legal and commercial advice with respect to all aspects of finance related commercial matters with expertise in the following:
· Vanilla financing, lending, facilities & overdrafts
· Specialist acquisition and project financing
· Trade financing
· Security documentation and guarantees
· Business finance
Corporate Recovery & Insolvency
Businesses may need advice on the relevant procedures and steps involved with insolvency and corporate restructuring. Spectrum members can provide support on the following:
Martin Truman is the founder and principal at Truelegal. A fluent German speaker – he studied law in England and Germany, graduating with an LLB (Euro) degree at Exeter University in 1992. He qualified as an English solicit ...
Nick Openshaw is a solicitor specialising in business and commercial matters and is currently serving on the Spectrum Steering Committee.
He spent two years with the Samsung Group as a b ...