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Isle of man law insights from the blog

Blog

Dealing with shareholders’ disputes

Shareholder disputes can be damaging and disruptive for business, taking time and energy away from the running of a company and causing difficulties for everyone involved.  Avoiding shareholder disputes and, if they do arise, dealing with them quickly and efficiently is always preferable to legal action. We take a look ...
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A landlord’s guide to dilapidations

If you are a commercial landlord, you have a right to be compensated if your premises fall into disrepair while a tenant is in occupation. You may need to bring a claim against the tenant to enforce these rights, either during the period of the tenancy or at its end ...
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What’s The Difference Between An Asset Sale And A Share Sale?

As advocates who specialise in acting for buyers and sellers of businesses, we are frequently asked what the difference is between an asset sale and a share sale and, more importantly, the pros and cons of each deal structure to the individuals we are advising. Share Sale vs Asset Sale ...
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What Is A Partnership?

A partnership is created when two or more people come together in business to share profit and losses. Although a written partnership agreement is not required to form a partnership, it is vital to avoid uncertainty and the automatic application of unsuitable statutory law.  A partnership agreement is usually made ...
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Disqualification Of A Company Director

Disqualification Of A Company Director

Company directors have a duty to meet certain standards of behaviour.  Including the requirement to act with reasonable care and skill, to act in the best interests of the company they represent and to avoid conflicts of interest. Where a company director is in breach of their duties, there is ...
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Grant Of Probate Explained

After someone dies, it is usually necessary for their personal representative to apply for a Grant of Probate or a Grant of Letters of Administration. This is the document that gives legal authority to the estate’s executor or administrator to deal with the winding up process.  Grant of Probate explained ...
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Why Choose Us?
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