Can existing intellectual property rights survive the rise of the machines? by Jerry Bridge-Butler, Partner at Baron Warren Redfern The word “intellectual” in the legal term “intellectual property” refers to the very human characteristic of being of the mind. IP is essentially any original thinking which has a value to us, be it music, inventions, business models, poems, films and so on. Humans have built complex legal structures around protecting IP, to ensure rightful ownership to those who came
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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
What is working capital and why is it important for M&A transactions? Working capital considerations in merger and acquisition (“M&A”) transactions – the bane of many a solicitor’s life when drafting agreements in this space. A lot of solicitors choose to avoid accounting principles for a reason: for fear of liability issues and the overwhelming realisation that by even venturing into this space, a solicitor may be out of his/her depth. Solicitors often seem to turn a blind eye to what
At Tiger Law, we 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 very lengthy exercise – and expensive if you get it wrong. Generally, due to the seriousness of Company insolvency and winding
The decisions made within a Company are either the Directors’ responsibility or fall on the shareholders. Whilst quite often, a shareholder will also be a director (and vice versa), it is important to keep the decisions to be made separate. The shareholders make decisions as owners, and the directors make decisions as the managers of the company. When setting up a company, it is often the case that the initial members (shareholders) and directors are friendly and anticipate no issues
Conflict of Interest A director’s duty to disclose We’ve been hearing the term “Conflict of Interest” bandied about quite a bit lately, especially in some of the – erm – interesting news items coming from across the Pond. It’s a serious matter and not just for Presidents and their families, UK company directors are subject to some very strict regulations regarding how they manage their various roles and interests. These laws can apply to members of their immediate families too,