Jeremy is a partner in QualitySolicitors Parkinson Wright Commercial Department.
He obtained an LLB from Southampton University in 1985 and joined QualitySolicitors Parkinson Wright from Wragge & Co in 1991.
Jeremy deals with all aspects of corporate finance and commercial transactions including: Company commercial work, formation of companies, advice regarding company activities, commercial agreements/leases and associated matters. He also manages Employee contracts, Partnership matters, insolvency, intellectual property rights and competition matters, commercial property, commercial disputes and contract law prior to the issue of proceedings.
When you come to sell your business there will probably be a difference between the price that you think your business is worth and the amount that a buyer wishes to pay you. A possible middle ground is to negotiate an ‘earn out’ which is a structure whereby on the sale of a company you receive an initial amount, and then further sums will be paid dependent on the performance of the business following the sale.
Investment in another business may be part of your business growth strategy, especially if you operate in the same market or supply chain. Acquiring a slice of the pie through the purchase of shares is one way to secure such an investment and may seem attractive and beneficial. Whether you are contemplating a partial investment or an outright purchase of a business, similar considerations apply.
If you want software that is unique to your business, and which is specifically designed to meet your operational needs, then the commissioning of a bespoke solution is almost certainly the way to go. However, to ensure that your vision marries up to what is delivered and that you have a plan in place for dealing with any unexpected problems, it is vital that before beginning work on the development process you get a professionally drafted software contract in place.
When a commercial lease is due to end, both landlord and tenant will consider their business plans to decide whether they want to put a new or extended lease in place. Many business tenants have an automatic statutory right to ask for a new lease when their existing one ends, and if the landlord and tenant cannot agree on the terms, they can go to court to get the dispute settled. This does not apply to all commercial leases though and, even where it does, it often suits both landlord and tenant to agree terms for a new lease, especially if they want a short-term arrangement.
Ecommerce is a fast-moving medium for retailers and, whether you have an established online presence or are just starting out, a periodic review of changes in the law and trading regulations can help ensure your business runs smoothly.
QualitySolicitors Parkinson WrightParkinson Wright have been our trusted advisors for nearly 40 years, both to the business and to ourselves personally. Their deep understanding of our business and people made them the first choice to lead an international team to negotiate the sale of our business, and they displayed exemplary professionalism - and patience with me, especially in the last frenetic week - amidst many legal complexities in bringing about a successful and amicable closing.
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QualitySolicitors Parkinson WrightParkinson Wright have been our trusted advisors for nearly 40 years, both to the business and to ourselves personally. Their deep understanding of our business and people made them the first choice to lead an international team to negotiate the sale of our business, and they displayed exemplary professionalism - and patience with me, especially in the last frenetic week - amidst many legal complexities in bringing about a successful and amicable closing
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