Minority Shareholder winding up – just and equitable?

Minority Shareholder winding up – just and equitable?   As a minority shareholder, sometimes the only option that you can see is to try and put an end to the company. Here, we look at what this means and whether it is a suitable option for you.   When should winding up the company be considered as an option?   As a minority shareholder, it is open to you to ask the Court for a winding up order, on the ground that it is “just and…

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The Section 25 Notice and What This Means for Commercial Landlords and Tenants

Here we look at Landlord’s section 25 notice to terminate a commercial lease. Before reading on, it is worth checking to make sure that your lease is not excluded from this applying, and that your lease is a tenancy as defined by the 1954 Act (the “Act”). Landlords often exclude leases from these provisions so that tenants don’t have as much protection. We’ll look at tenancies a little later.   The Section 25 notice   If a landlord wishes to end a commercial lease…

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The Section 25 Notice and what this means for commercial landlords and tenants

Termination of a commercial lease under section 25 Introduction Tiger takes a look at the landlord’s section 25 notice under the Landlord and Tenant Act 1954. Here we look at Landlord’s section 25 notice to terminate a commercial lease. Before reading on, it is worth checking to make sure that your lease is not excluded from this applying, and that your lease is a tenancy as defined by the 1954 Act (the “Act”). Landlords often exclude leases from these provisions so that tenants…

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Without Prejudice – cutting through the legal jargon

“Without prejudice” is a term we lawyers use, especially when discussing settlement proposals. But what does this really mean, and why is it used? Why is this sometimes accompanied by the words “subject to costs” and “subject to contract”?   What does without prejudice mean?   Without prejudice is defined as: “without detriment to any existing right or claim”.   Therefore, if there is a claim in existence, any correspondence that is said to be without prejudice would be inadmissible in Court and cannot be made…

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Settlement in a civil dispute

Settlement in civil disputes

Let's look at the benefits and things you should know about settlement in civil disputes. Introduction  Here at Tiger Law, we deal with a wide range of disputes in our civil litigation department. Settlement is a topic that always comes up, and understandably, our clients often think that accepting or even approaching settlement in civil disputes will make the other side think that they are admitting something. Here, we look at why this is not the case. The coward’s way…

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Litigation Against Tenants

The rules of litigation against tenants has had a number of changes the last year which have made substantial changes to the ways in which residential and commercial landlords are able to remove a tenant from their property. • Residential proceedings At the end of August 2020, the Government introduced further changes restricting the termination for residential leases under the Coronavirus Act 2020. These restrictions are in place until 31 March 2021. Here are a brief outline in regards to various residential tenancies: •…

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Bounce Back Loans – What are they for and are you sticking to the rules?

There has been some media coverage recently about “fraudsters” applying for the Government’s Bounce Back Loans, and using the funds to buy supercars or property. Supercar dealers have said that their business is booming since the Bounce Back Loans have been paid out. Of course, the rates of interest are making this cheaper than the usual finance agreements, but while we would all love the means to buy a Ferrari, are these people doing anything wrong? We have also…

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Title: Winding up a company in debt: the death knell for a debtor?

At Tiger Law, w e have successfully wound up companies and , on the other side of the coin, we  have also successfully  blocked  people trying to wind up our clients  and saved them  from aggressive creditors .    We have seen many clients  considering starting insolvency proceedings against a debtor  themselves   or  either threatened with insolvency proceedings .  Whichever side of the proceedings you fall on,  once the winding up process is embarked upon,  it can be a…

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Annual General Meetings during Lockdown

There are understandably times when, working in a business, meetings have to take place. Unfortunately, sometimes a company’s articles do not allow for these to be carried out remotely, especially in the case of Annual General Meetings. However, the relevant bodies have been putting their thinking caps on and trying to think of how this can be dealt with considering the current situation. We have summarised the current guidance, but of course, this is subject to change on a daily…

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Glossary

Abstract of title A traditional method of deducing title used in unregistered conveyancing. Although rarely used now in practice, an abstract will summarise all dealings with the property interest, beginning with the root of title. It will also mention whether documents have been stamped and executed, although it is up to the person investigating title to check that the stamping is sufficient and the execution appropriate. Accelerated receipt A percentage reduction in the amount of compensation paid…

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Tiger Law Ltd is a limited company incorporated in England, registration number 10618637, registered address: 150 Bridge Street, Wye, Kent, TN25 5DP. Details of the Principal and her professional qualifications are open to inspection at our registered office. Tiger Law Ltd is authorised and regulated by the Solicitors Regulation Authority (SRA No 637189) and our professional code of conduct can be accessed here.

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