Lee&Priestley

Articles and Publications

Showing all current articles.

Employee Share Ownership - 20/Jul/2010

Employee share ownership is a term used when a business is owned in whole or in part by its employees. Employee share ownership can take many forms. Employees are often given the opportunity to buy shares in the business after a certain length of employment or upon the happening of certain events. Some companies make formal arrangements for employee participation, called employee share ownership plans (ESOPs). Employee shareholders will have varying degrees of influence on decision making. Read more …

De Facto or Shadow Director? - 19/May/2010

Influencing the actions of the directors of a company when not registered as a director may still render you subject to director's duties and even criminal and civil liabilities, warns Lee & Priestley. Read more …

Entrepreneurs' Relief - 25/Mar/2010

Entrepreneurs' Relief applies to capital gains made on the disposal of all or part of a business. Read more …

The Companies Act 2006 Directors Duties - 24/Sep/2009

The Companies Act 2006 (“the Act”) is now fully in force. The legislation represents the single largest overhaul of company law since 1985 and covers all aspects of corporate governance. Read more …

Share Buy-backs - 02/Mar/2006

A look at share buy-backs by companies which have become an increasingly common way of facilitating a retirement or other exit by a shareholder. Read more …

Commercial Agents Regulations 1993 and Compensation Payments - 17/Jan/2006

The Commercial Agents (Council Directive) Regulations 1993 came into force in the UK on 1 January 1994 and, if applicable, will apply to all agency agreements, whether made before the Regulations came into force or not. Read more …

Reading (and Writing) the Small Print - 25/May/2005

We've all seen small print in documents at some point in our lives, but have you ever stopped to read the small print.... Read more …

Freedom of Information - 10/Jan/2005

The Freedom of Information Act 2000 came into force on 1 January 2005. Its object is to improve transparency and openness with the public sector. Information ranging from how much was spent on the Lord Mayor's Christmas drinks party to the construction bill for the new local primary school will be available to anyone and everyone..... Read more …

Limited Liability Partnerships - 02/Sep/2004

Since 6 April 2001 it has been possible to be incorporated as a Limited Liability Partnership (LLP). This article explains what they are and how they differ from a standard partnership or a limited company. Read more …

The Dos And Don’ts of Deferred Consideration - 02/Sep/2004

Deferred Consideration, also known as Vendor Finance, can be risky. This article examines the process, and gives some useful tips to cut down on risk. Read more …