News Archive

  The Corporate Team at Friday Legal have assisted Performance Finance in its acquisition of Integra Asset Finance, a specialist in finance for the aesthetics market. Performance Finance, based in Kettering, is an industry leader in providing finance to the professional sector throughout the UK. The acquisition sees Performance...
The Commercial Property and Corporate Teams at Friday Legal have assisted the shareholders in the sale of the entire issued share capital of Sampson Park Limited. Sampson Park Limited operates a number of successful veterinary practices in Oundle, Thrapston, Peterborough and Corby and the disposal permits the exiting shareholders to pursue...
  Napoleon is supposed to have said that England is a nation of shopkeepers, but it appears that we might be becoming a nation of property developers. However, developing property can be risky, and there are many pitfalls for the unwary. Common issues include: Buying at auction. Properties often sell at auction for less than they...
The Law Commission has opened a consultation which will run until the 23rd of November 2018 in relation to electronic signatures on documents. It has long been the case that most agreements between individuals and or businesses do not necessarily have to be in writing and therefore do not require any kind of signature in order to be...
A right to end your commercial lease early is known as a right to “break the lease” or a “Break Right”. Tenants generally like and want Break Rights and Landlords generally do not like Break Rights. Break Rights are often sought by Tenants, particularly when market conditions are uncertain, and confidence in new ventures is low and a...
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Giving a personal guarantee means you are agreeing to pay the debts of your business if your business fails to honour them. This puts you into a direct contractual relationship with the lender or supplier, who could pursue you personally in the event that your business defaults on the loan and or becomes insolvent.  In simple terms: If the...
Friday Legal Solicitors Corporate Team have completed another set of high value Corporate transactions for its Clients in April, including of note the acquisition of AOFA Qualifications Limited for their long-time Client, Personal Track Safety, commonly referred to as PTS. PTS are specialist training providers with over 20 years’ experience in...
This note provides an overview of the issues to consider when dismissing an employee. It explains how an employee may be dismissed lawfully and summarises the fair reasons for dismissal. The importance of dismissing fairly and lawfully The dismissal of an employee for a reason other than one allowed by law, without following a fair...
  What do you do if a third party interferes with your legally binding contract causing the other party to withdraw?  Parties to contracts can be put under commercial pressure not to perform their obligation for all sorts of reasons, but, as Lucasfilms (the owners of the intellectual property in the Star Wars franchise) found out...

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