Commercial Legal Solutions

When running a business, it can often be useful to forge relationships with others who can help get your product to market or to procedure orders for your goods and services. This can be done in a number of ways, including through the appointment of a commercial agent or via entering a distribution agreement.

At IMD Corporate, our commercial solutions team have a wealth of experience in drafting contracts for each type of arrangement, both here in the UK and abroad.

When you run a business, entering commercial arrangements is something you will do every day. There will be sales agreed with customers, deals done with suppliers, joint initiatives with trade partners and new facilities negotiated with lenders.

Document these arrangement is crucial and best done through a formal contract that sets out the agreed terms, addresses and legal requirements, allocates risk in the event of something goes wrong, provides a means of resolving disputes and, most importantly, ensures that the overall deal done works in your favour.

If your business deals with people living in the UK or EU then it will be subjected to stringent data protection rules which control how information capable of identifying them is collected, used and stored.

This includes information about your staff, your customers and suppliers, prospective purchasers and even individual contracts within your professional network.

Getting the money in is a prerequisite for a successful business. Without effective debt recovery, cash flow and profits are impacted, affecting your business reputation. Therefore, every business needs an effective and efficient debt recovery system supported by specialist debt recovery solicitors and commercial litigation lawyers.

If a debtor does not pay up, then our debt recovery team, complemented by our commercial litigators, can pursue the debt and assist you in enforcing debt recovery orders.

If you are on the brink of setting up a business then your focus is likely to be on key issues like securing the money you need to get off the ground, finding premises from which to trade, recruiting members of staff and building a loyal customer base.

If you are thinking about investing in a private company or acquiring the whole of its share capital to secure the outright purchase of the company’s business, then it pays to speak to a specialists law firm. They can work with you to ensure that the terms of the proposed deal are fair and that they are recorded in a properly constituted share purchase agreement that adequately protects your interests.

This is something the commercial solutions lawyers at IMD Corporate do every day, working for a range of clients including entrepreneurs, private investigators, equity funds, business start-ups and management teams looking to secure a management buyout.

If you are the owner or manager of a company with more than one shareholder then you are likely to benefit from having a shareholders’ agreement to sit alongside your articles of association. The reason is that, while your articles will provide you with a basic road map for dealing with company affairs and relations between members, a shareholders’ agreement will give you a detailed operating manual which covers a much wider range of issues and helps you to keep any sensitive information private.

With business activities comes tax. Our commercial solicitors advise on all areas of tax, providing solutions to support your business with commercial law and integrated tax law advice. With offices in the UK and across Europe, IMD Solicitors work with a network of partners in 18 countries to provide you and your business with the comprehensive business law advice your company needs.

At the outset of a commercial transaction, we can advise on the tax implications to help your business balance tax issues with its business goals and ensure your company meets its business plans in a tax-efficient manner.

Securing orders for your goods or services is what business is all about, but it can be a minefield without a set of carefully crafted terms and conditions in place to govern the sales process and establish a procedure for dealing with things if they go wrong.