Clark_Taylor

The Dos and Donts of Personal Gaurentees

The Dos and Donts of Personal Gaurentees Overview As forms of corporate business setups evolve, so does the spectrum of related business dealings, corporate processes and issues. All business scenarios require legal attention followed by documented... Read >

What is Business property lease?

Business property lease is a written agreement between a landlord and a tenant. The type of lease agreement is also called as commercial lease agreement. It is usually suitable for premises used for business purposes whether small or big size such as: ... Read >

I am being made redundant at work. What will my redundancy payment be?

Introduction You are entitled to statutory redundancy pay if you have two year continuous service. The amount will be determined on the basis of: Your age; Your weekly pay; and Duration of continuous service. Your emp... Read >

How Separation agreement helps with involving the court?

Breakdown of the marriage Separation is an alternative way to protect and maintain the matrimonial relations. Divorce terminates the matrimonial relations. Separation does not breakdown the marriage. Separation must be considered before demanding and app... Read >

Shareholders agreement for existing company; working directors

Shareholder agreement is not a public document like an article of association but it can contain the same provisions as the article of association. Shareholder agreement can be used by new or existing company because it deals with important issues. Such a... Read >

Christmas Loan Agreement

Everyone loves Christmas and it is a special time of year. Everyone is planning to enjoy and celebrate the Christmas. Everyone likes to exchange gifts and attend Christmas parties. However, one thing can ruin the whole celebrations if you have a financial... Read >

Residential Tenancy Agreement

A residential tenancy agreement is the document agreed between a landlord and tenant which sets out the legal terms and conditions of the rent contract. This agreement allows the tenant to live in a property as long as he pays rent and follow the rules. ... Read >

Details in the Service Contract

Usually, various terms and conditions or clauses are common in contracts for services. However, each contract will be different and will depend on the type of service offered. A good contract should include: * The names and addresses of both serv... Read >

Is Your Last Will And Testament Up-to-date?

It is advisable to get out your Last Will and Testament to check it occasionally because: * An existing will may contain a legacy that has been distorted by inflation * Your circumstances may have changed since you wrote the last will - this include... Read >

How Partnership Dissolution works in UK?

Unlike a limited company, a partnership has no legal existence distinct from the partners themselves. Partnership has a contractual basis and a partnership agreement may provide express circumstances under which the partnership will end. The Partnersh... Read >

Joint Venture Agreement – Explained

A joint venture is a strategic alliance where two or more businesses pooling their resources and expertise to achieve a particular goal. Businesses of any size can use joint ventures to strengthen long-term relationships or to collaborate on short-ter... Read >

Distribution agreements – benefits and risks

A distribution agreement is a legally binding contract and regulates the commercial terms between a supplier of goods and a distributor of goods. The supplier of the goods supplies the goods to the distributor for resale in specified territory  The suppl... Read >

Employment Contracts - Indian Perspective

Definition: A contract of employment is a bilateral agreement for the exchange of service and remuneration over a period of time. Employment contract is that form of contract for personal service which the courts recognize as expressing the social relati... Read >

Business Property Leases

Business Property Leases This article provides free advice and information to landlords and to tenants about business property leases. It is applicable to all commercial property leases. Since it is invariably the landlord who submits the lease t... Read >

Divorce and separation - at what legal cost?

Introduction The result of a divorce or separation is that two households will often have to exist on the same amount of money as one did previously. Unless you are very wealthy, this will mean that there is noticeably less money to go roun... Read >