Business Solicitors

	Business Solicitors

Business Sales and Purchases

We tailor our service to your needs to ensure that we understand your business, in order to best advise you if buying, selling or leasing commercial property. Dale & Co.'s no-nonsense advice will help you to complete your commercial Conveyancing smoothly and stress-free - our highly experienced team’s commercial acumen will ensure confidence.

It is important that you speak to your Solicitor early in the sale process so that they clearly understand your needs and reason for sale, be it for financial, commercial or non-commercial reasons, for the most effective negotiations.

The sale process can be summarized as:

Assessment - initial reviews of goals and professional advice
Preparation - consideration of timescale, planning and shares etc.
Marketing - producing information and identifying potential buyers
Negotiation - purchaser selection and finances/taxation structure
Agreement - finalization of all agreements and negotiations, completion.

Share Sale Agreements

A share sale agreement can allow you to acquire the assets of a business with minimal disruption. Share sales include all past, present and future liabilities. We can advise you fully to make the best decision for your business and its future.

Ensuring that your share sales are clear and well written will help you to deal with any later disputes. Heads of terms outline the initial agreement. This is non-binding, and aids further negotiation. This is followed by due diligence, where the buyer gathers information on the sale company in order to make an informed agreement. The share sale agreement, which can be a lengthy, complex document concludes the transaction. The first draft will normally be completed by the buyer’s solicitors, after negotiation by both sides, to outline warranties, indemnities and restrictive covenants. The share sale agreement is usually accompanied by a tax deed, protecting the buyer from tax liability before the sale is completed.

Our standards, terms and conditions

We aim to offer all our Clients an efficient, effective and personal service and we are confident that we shall do so in this case. Our aim is to agree objectives with you at the outset and achieve those objectives. In cases where this is not possible an explanation will be given to you. We will seek to communicate with you in a prompt and effective manner. You will be kept informed of all developments in your case and copies of all relevant letters will be provided to you. When you telephone the person handling your case will take the call if possible. You will appreciate that this will not always be feasible and then the relevant secretary/assistant will speak to you.
Our charges will be calculated on the basis of the time spent dealing with this matter. Our charging rates (excluding VAT) are as follows: Directors - £170.00 per hour; Assistant Solicitors, Legal Executives & Executives - £150.00 per hour; Legal Assistants - £120.00 per hour - plus disbursements and expenses. (Disbursements are payments we make on your behalf to others involved in the case). We will notify you of disbursements incurred as we go along. Time spent on your matter includes time on the telephone, reading incoming post, dictating outgoing letters, preparing file notes of meetings, perusing documents, drafting documents, preparing instructions and briefs to Counsel, researching law where necessary, attending conferences with Barristers, attendance at Court, meetings with you, meetings with the other person in your case or other people connected with the case, taking statements from witnesses and so on. Letters and telephone calls are charged at 10% of the hourly rate unless they take longer than 6 minutes in which case they are charged by time spent.

Late Payment of Accounts and Interest: We charge interest at 8% on unpaid accounts from one month after delivery. If you ask to pay by instalments, we will normally charge interest on unpaid balances.

We will estimate how many hours will be required to deal with your matter but will inform you if this estimate changes as your matter proceeds. Alternatively, we may agree a fixed fee with you. We would normally request a payment on account at the beginning of the matter and deliver interim bills to you at regular intervals. We are sure you will understand that in the event of a payment not being made we reserve the right to decline to act and that the full amount for the work done up to date will be charged to you. Payment of bills is requested within 28 days of the date of the invoice. We will charge interest on any late payments.

COMPLIANCE WITH MONEY LAUNDERING REGULATIONS

All Solicitors firms are subject to Regulations to combat money laundering. We have to ask you to produce two pieces of identity to comply with these Regulations. We need to see either your passport or driving licence or local employers identity card with photograph or bank card with photograph or confirming your identity AND one of the following: utility bill, Council Tax Demand, Inland Revenue Notice of Coding, bank or credit card statement. Any document with your current address on it must not be more than 3 months old. If this presents a problem please contact the person handling your case. We are not able to receive money from you into our client account until we receive the appropriate documents as set out above. We are not able to receive more than £250.00 in cash from you in one transaction. In some circumstances, we may be obliged by law to provide details of your financial affairs to a Government organisation and we will not be able to discuss this with you. This will override our duty of confidentiality to you.

QUERIES AND CONCERNS

Should there be any aspect of the service with which you are unhappy or if a problem arises at any time, please make an appointment to come and discuss this with the person who is handling your case in order that we can discuss your concerns and if possible, resolve the issue. If that does not provide the solution please contact our Complaints Manager who handles clients’ concerns, which cannot be resolved informally. A Complaints Procedure form will be given to you on request.

CONCLUSION AND STORAGE OF YOUR FILE

When your case concludes we will tell you the outcome and anything else you need to do including whether you need to look at the matter again in the future. We will return any of your property, unless you ask us to store it, and account to you for any outstanding money. We will keep your file of papers for a minimum of 6 years, after which time it may be destroyed. If you require your file of papers after conclusion of your case we may charge a fee of £50.00 plus VAT for retrieval of your papers.

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Vacancies at Dale and Co. Solicitors Lincoln Jobs available at present: Sorry None. Applications can be made in strictest confidence to Richard Dale Email - rdale@dale-law.co.uk Post - Dale and Co.		The next Philosophy Café, TBC 2011 The event will take place from 10.00 am - 12.00 noon at The Healthy Hub, on Beaumont Fee, Lincoln. Tickets (£5.00 including refreshments) are only available in advance, from Dale and Co. Solicitors.
10th January 2012 Read More		27th May 2011 Read More

Additional Services

Corporate Law Acquisitions and Disposals Management buy-outs Advice on Banking and Security Documents Group re-organisations De-mergers/shareholder agreements/ new ventures/ own share purchases LLPs Property joint ventures Insolvency Advice on company law and procedure Defending Commercial Debts	Commercial Law & Intellectual Property Terms and conditions Distribution/agency agreements Data protection Confidentiality and database rights Online trading Trade marks, copyright, patents and designs Application to register Licensing/exploitation/protection and enforcement of IP rights	Real Estate (Commercial Property) Development Letting Acquisition and disposal Planning Property funding and finance
Agriculture Sale and purchase of farmland Tenancies Single payment entitlements Structuring the business entity Tax and trust planning Protecting assets	Construction Preparation of all construction related documentation including building contracts Preparation of all construction related documentation including professional appointments Preparation of all construction related documentation including warranties Agreements for lease and development agreements PFI schemes and EU procurement law Dispute resolution arising from construction matters	Property Litigation Rights of way Boundary disputes Rent claims S.146 Notices Commercial Landlord/Tenant disputes Lease renewals under the Landlord & Tenant Act 1954 Dilapidation claims Rent reviews together with real property disputes
Litigation and dispute resolution Commercial contract Shareholder disputes Upholding restrictive covenants Injunctions International disputes Product recall Professional negligence Competition disputes Finance - recoveries	Insolvency & Bankruptcy Bankruptcy Individual voluntary arrangements Liquidations Administrations Company voluntary arrangements	Corporate Investigation and Governance H&S OFT Environment agency Food standards Financial services Police - Fraud/Money laundering Road traffic Commercial fisheries Internal investigations Risk management Trading standards
Employment Contentious and Non-contentious Contracts of employment Terms and conditions Disciplinary and grievance procedures Dismissals/Redundancies Restructuring Discrimination (sex, disability, age, etc) TUPE (Money on account for employees)	Health & Safety Health & safety audits Safe systems of work Health & safety policies and manuals Health & safety training Risk assessment - general, work transport, fire etc. New business/commercial property purchases, audit H&S Machinery process safety & EHSR Contractor management	Business Immigration Business Immigration Member of Highly Skilled Migrant programme for work permits - outside the EU
Shipping & Transport Wet and dry Transport of goods Defendant personal injury Accidents on vessels Accidents between vessels Carriage of goods by road, rail, sea, air Buying, selling, financing vessels including yachts Marine environmental issues	Insurance Claims against insurance companies where the company alleges it is entitled to avoid paying a claim Insurance brokers obligations and liabilities	Tax Trust Wills Probate Wills and probate Older client work Inheritance tax planning Trusts Personal injury trusts Court of Protection Protecting family assets
Contentious probate Disputes under inheritance (Provisions for Family and Dependants) Act 1975 Contentious Wills & Trusts	Personal Injury Road traffic accidents Accidents at work Fatal accidents Claims of maximum severity Tripping and slipping accidents	Family Complex and high value Divorces Pre-nuptial and cohabitation agreements Financial injunctions Complex private children matters Cohabitation disputes Family mediation Collaborative law
Family Mediation & Civil Mediation 5 Family Mediators Franchise for mediation only 10 years experience Supervises other mediators Will visit other law firms 4 civil mediators SWT/HES/JIS/ACO 15 years experience