Commercial agreements

  • Whether you are an established business or a smaller business with big growth ambitions, we take time to understand your commercial needs and your business culture. Knowing how important your business is to you we will work closely with you to ensure that the detail is correct and the right protections are in place now and in the future.

    Contact us to discuss commercial agreements.

  • Customer / supplier agreements

    We can advise on and prepare contracts which govern your business relationship with your customers and suppliers. We ensure that the terms are clear and robust, that you are fully aware of your rights and obligations under such agreements and that your interests are protected.

    Director contracts

    Director contracts should be carefully considered to ensure that the key people in your business clearly understand their responsibilities whilst working for you and to ensure that your business interests are protected once that relationship ends.

    We advise on and prepare contracts to include provisions relating to duties whilst in the role of director, salary and benefits, confidential information and post termination restrictions.

    Partnership agreements

    Partnership agreements are essential to clearly define the relationship between you and your partners. They will include terms regarding the division of profit and capital, the ability to admit new partners, voting entitlement, partners responsibilities, procedure for expulsion and retirement and post termination restrictions.

    In the event of a dispute between partners, a well drafted partnership agreement can ensure that the partners’ rights and obligations are clear and will help avoid costly and time-consuming arguments.

    Shareholder agreements

    Shareholder agreements are extremely useful tools for governing the relationship between the owners of a company and minimising the potential for dispute. Such agreements will usually detail the voting entitlement of shareholders, set out what decisions will require unanimity between the shareholders, confirm the dividend policy and provide a mechanism for the sale and valuation of shares when a shareholder wishes to leave the Company, either voluntarily or upon the occurrence of certain events such as insolvency or death of a shareholder.

    A shareholder agreement can also contain post termination restrictions, confidentiality clauses and provide a procedure to follow if an offer for the purchase of the whole share capital of the company is received.

    A well thought out shareholder agreement at the commencement of a business relationship often avoids costly disputes at a later stage.

    Start-up agreements

    Starting up a new business is an incredibly exciting time. We can advise you as to the most appropriate medium for your new venture and complete the legal formalities to ensure it is set up properly. Whether you decide to trade as a Limited Company, a Partnership or a Limited Liability Partnership we can create your new business vehicle. We will ensure that the constitutional documents are clear as to the future operation of the business and the relationships between the business owners.

    Termination

    Business relationships end for many reasons and we will guide you through this process. We have extensive experience advising business owners exiting a company by way of share sale either to remaining shareholders or to a third party, retirement from a partnership, voluntary winding up or other methods of termination.

    A party leaving a business usually wants to ensure they receive payment for their investment, whereas the remaining owners want to ensure the business can continue to trade and its interests are protected. We can assist with negotiating suitable terms and enforcing relevant provisions under any applicable shareholder/partnership agreement.

  • Our Specialists

    Our legal teams have a genuine passion for what they do. Their specialist knowledge is an absolute given (you should accept nothing less) and they pride themselves in working alongside clients to help them achieve the results they seek in their professional and personal lives.

    If you have any questions get in touch

  • 01892 526344

    Paul has been a qualified solicitor for 18 years and has spent the entirety of that time in the Commercial and Dispute Resolution department. Paul advises businesses in ownership disputes, contract disputes with suppliers and customers, employment disputes and preparing commercial contracts.

    Paul is also a specialist in Landlord and Tenant/Social Housing law and acts for Housing Associations, Private Landlords and Tenants. He deals with drafting tenancy agreements, possession actions, disrepair problems, issues involving anti-social behaviour and succession issues. Paul also deals with all types of property disputes including ownership disputes, boundary disputes, issues regarding rights of way and party walls. He has recently acted for a couple in a boundary dispute case which received coverage in the national press.

    Paul’s aim is to achieve the best result for the client for the least expense. If this outcome cannot be achieved through negotiation then Paul is able to fully prepare and assist clients in contested Court hearings.

    His recent cases include acting for a local business involved in a £14 million fraud and successfully negotiating a settlement, advising two company directors in a dispute with their co-directors upon the failing of a business and acting for a national transport manufacturer in a dispute with a customer.

  • Expertise

    • Property Disputes
    • Business Disputes
    • Contract Disputes
    • Landlord and Tenant
    • Housing Management
    • Employment Law
    • General Litigation

    What clients say

    “Paul is a first class professional with excellent communication skills which he brings to bear to explain complex legal terms to enable quality business decisions. He has a strong business acumen and is genuinely interested in helping clients find solutions.” “A local specialist in landlord and tenant law who has proved very useful for both landlords and tenants of mine who need advice in this respect.” “Paul is great to deal with because he quickly grasps the legal issues involved and gathers together all the relevant evidence. He then presents the case to the judge in a comprehensive straightforward and organised way. But what I really like about working with Paul is that he’s approachable, sensible and fun.” “I would just like to say a massive thank you for your help with the case. Now we have the Injunction in place, the residents are empowered and it seems that things have improved.” “I appreciate the hard work you had to put in for this case. I know you went above and beyond and I am grateful.” "Paul Reader is an excellent litigation solicitor who we felt gave us the confidence to win our case."

    Other

    Paul is a keen guitarist and skier. He enjoys spending time with his family, going to live music events and also plays basketball.

  • 01892 526344

    Anthony Herman (known as Tony) joined the firm in 1964. Many of his clients have been with him for over 40 years and he is often dealing with matters for the children and grandchildren of his original clients.

  • Expertise

    During his career Tony has worked in most areas of law and this gives him an in depth understanding of situations where more than one area of law is involved. Tony has an excellent reputation for his skills in analysing situations and finding the best solution for his clients. Before entering into law Tony trained as an economist and has a particular expertise in solving financial problems.

    • Legal work for businesses
    • Commercial property
    • Trusts

    Other

    Tony enjoys spending time with his wife, son, three daughters and six grandchildren. He also enjoys playing basketball and golf.