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If you are involved in a construction project in the UK, whether as a developer, contractor or sub-contractor, the contract you sign shapes almost everything that happens afterwards, from who carries the risk of delay to how disputes get resolved. This guide is part of our wider work advising the construction sector, and explains what…
Most business owners spend years building a company and comparatively little time planning how they will eventually leave it. Business exit planning is the process of deciding, in advance, how and when you want to step away from your business, and structuring things so that when the time comes, you get the outcome you want…
A letter of intent, often shortened to LOI, records what two parties have agreed in principle before the full legal contract is drafted. It is used across business sales, investment deals and commercial partnerships to set out price, structure and key terms early, giving both sides something concrete to work from before legal costs increase….
Forfeiture is one of the more serious words in commercial leasing. It refers to a landlord’s right to bring a lease to an end early because the tenant has breached its terms, most commonly by falling behind on rent. If you’re a tenant who has come across the word in your lease, received a notice,…
If you’re about to take on new premises, commercial lease negotiation is where the real work happens, long before anyone signs anything. The terms you agree at this stage, not the wording your landlord’s solicitor eventually drafts, are what determine how much flexibility, cost control and protection you have for the length of the lease….
Heads of terms is the document that records what two parties have agreed in principle before the lawyers get involved in drafting the full contract. It sets out the price, the structure and the key commercial points of a deal, whether that is a business sale, a joint venture or an investment, and gives both…
If your business has dealings with a company based in the Dubai International Financial Centre, you may come across the DIFC Courts at some point, whether that is a contract clause naming them as the governing jurisdiction, a dispute with a DIFC based supplier, or trying to understand how enforcement works if an agreement goes…
If your business processes personal data connected to the Dubai International Financial Centre, whether that means customers, employees or contacts based there, you need to understand the DIFC Data Protection Law. It applies to DIFC registered entities and, since a set of amendments made in 2025, to a wider group of businesses than many assume….
A management buyout, or MBO, is when the people already running a business day to day buy it from the current owner, rather than the business being sold to an outside buyer. It is one of the most common ways for owners to exit a business while keeping it in familiar hands, and one of…
A joint venture is when two or more businesses come together to work on a shared project or venture, while each continuing to trade independently outside of it. It sits apart from a merger, where two businesses combine into one, and from a straightforward business sale, where one party exits entirely. This guide covers the…
If your business uses the DIFC as a seat of arbitration, or is thinking about it, the framework you are relying on is in the middle of its biggest update since it was introduced in 2008. The DIFC has launched a consultation on wide ranging amendments to the DIFC Arbitration Law, covering everything from tribunal…
An MBI, or management buy-in, is what happens when an external manager or management team buys a controlling stake in a business and takes over running it. It is one of the main routes into business ownership for experienced managers who want to run a company rather than build one from scratch. If you want…
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