CONTACT US 01312268200
  Law Firm of the Year Winner 002  NEWlaw AWARDS logo Winner20181
 
 
  Law Firm of the Year Winner 002  NEWlaw AWARDS logo Winner20181
 
 

Contact us

Invalid Input
Invalid Input
Invalid Input
Invalid Input
Invalid Input
You must confirm you have read and accept our Website Privacy Policy.
Invalid Input

Funds Update

The potential use of EIS Funds, Luxembourg structures and UK limited partnerships continues to evolve. New EIS Fund Structure A new Enterprise Investment Scheme (“EIS”) fund structure will be introduced in April 2020.  This is a variation on the “approved EIS fund” structure which usually requires initial investments to be made within 12 months of the closing date of the fund.  The new structure is one of the outcomes from the Government’s Patient Capital Review in November 2016 and the new structure is intended to ensure that more patient capital is invested in the knowledge intensive companies.  The new structure will...
Continue reading
  110 Hits
110 Hits

Key Tips for Negotiating Venture Capital Deals

In the lifecycle of your company, raising your first round of venture capital is a significant event.  Up to the point of raising venture capital, your company may have benefitted from simplistic financing from friends, family and maybe even the odd angel investor. Moving from this stage of financing and onto more structured venture capital comes with an intense change of pace and a degree of sophistication to the process which you may never have experienced before.  Negotiation is the norm and there will be a lot to get your head round.  That said, there are some things to keep...
Continue reading
  118 Hits
118 Hits

M&A Trends in 2018 – W&I on the Rise

W&I – too expensive, too much hassle? Think again. It is fast becoming part of a buyer’s armour in M&A transactions. While W&I insurance has increasingly been used over the past 5-10 years, initially it was perceived to be too expensive and inflexible but it is now recognised as a solution driven M&A tool. However, the major change for 2018 has been that, due to increasing competition among brokers and insurers,there has been a noticable shift to open the market up to deal sizes, warranties and geographies that little over a year ago would have been uninsurable but which are...
Continue reading
  132 Hits
132 Hits

Budget Changes for Entrepreneurs' Relief

Entrepreneurs’ Relief (“ ER ”) is a valuable tax relief for many founders and owner managers and a key consideration in exit planning. Where the qualifying conditions are met, individuals pay Capital Gains Tax on a disposal of shares at a rate of 10% rather than the standard rate of 20%. However, the Autumn Budget brought in some changes to this regime which have the effect of tightening up the qualifying criteria in relation to ER.   Previous Position The 5% test i.e. the individual must hold 5% of the share capital and exercise at least 5% of the voting...
Continue reading
  133 Hits
133 Hits

New Appointments

MBM Commercial appointments.jpupdated g
We would like to update you on a number of new appointments over the past few months: Zara Diloo has joined the firm as a Director in the Corporate team. Zara’s previous experience includes Dentons, D&W (now CMS) and in-house at a private equity fund.  She has a wealth of transactional experience in M&A and private equity work, including significant VC deal experience having acted for the likes of Scottish Equity Partners.  Also joining the Corporate team as a Director is Tara Walsh . Tara joined us from CMS, where she worked in London for various investment funds and undertook...
Continue reading
  205 Hits
205 Hits