At Adam Bernard Solicitors, we understand the business contracts industry and how it is a legally binding agreement between two or more people or organisations. There are two main bodies when it comes to business contracts which are, Corporate and Commercial Law.
Corporate Law is how companies governs the conduct of the companies such as restructuring, shareholder rights, mergers, and acquisitions.
Commercial Law regulates commercial transactions and business deals. Commercial lawyers require the reading of contracts and amending them for clients, drafting legal documents for businesses and reviewing business mergers.
This is what separates the firm’s assets and income from its owners and investors. This would protect the owner’s assets against any liabilities the company may have. For example, if the company is in debt and owes money to its suppliers, the suppliers cannot hold the investors liable to the debt. Incorporation is how the business is bought into existence.
Within a private limited company, you can sell shares of the company which would initially bring income into the business. However, this creates shareholders who would have voting rights over the decision making of the company. The decision making could be appointing a director and how the company should be operated.
Restructuring would often occur when a company is either looking to grow or downsize due to financial restrains. The main type of corporate restructuring strategies is merger – where two or more organisations come together to join forces and become a new company.
1. Sale of goods and services
2. Leases of goods
4. Reviewing and drafting documents
Within any organization there will be a need for goods or services which would be provided to the consumers. However, occasionally when it comes to goods or services there may be a time when the goods or services have not met the required standard, if this occurs you as consumers would want to be able to be compensated for any inconvenience that has been caused.
Companies would have many goods within their premises and depending on the quantity they may not be able to purchase the goods. If this is the case companies would often lease the goods for a set period of time. When leasing goods or services you may require a lawyer to draft a contract to ensure both supplier and consumer meets their end of the contract.
Corporate matters include but are not limited to:
1. Company incorporation
2. Shareholder agreements
3. Corporate governance
4. Corporate structing
5. Corporate restructuring
6. Company dissolution
Call us now to get in touch with one of our expert Business Lawyers on 0207 100 0505.
We can also review and advise on agreements you are being asked to sign, renegotiate new terms on existing agreements and contracts or draft entirely new contracts.