Most landlords expect some form of security from tenants who are new companies, either in the form of a personal guarantee from one or more of the directors, or by the tenant providing a rent deposit (for the landlord to use in the event of non-payment of...
Corporate restructuring can be a useful tool for reorganising and maximising the efficiency of an existing business.
There are a number of situations in which considering a new corporate structure is appropriate. A family-owned business may have grown to such an extent that its existing structure is now too inflexible for the needs of its owners. After a merger or demerger, the pre-existing structure of a company may be unsuitable for the new business’. A majority shareholder may wish to leave the company, and the structure of the company may be required to change around this.
BakerLaw’s experienced corporate team has a detailed understanding of the needs of a range of different businesses in different sectors, and is therefore well placed to advise business owners on the most appropriate corporate restructuring strategy for them.