Reading room
20 Jan 2025
Client AM
At IMD Corporate acted for a UK distributor, a deal valued at over £8million. We pride ourselves on facilitating complex transactions that support the strategic growth of our clients. This case not only highlights our expertise in cross-jurisdictional acquisitions but also underscores the importance of meticulous planning, commercial awareness, and the ability to navigate complex legal frameworks.
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20 Jan 2025
Supporting Global Growth: A Successful UK Acquisition for an Overseas Manufacturer
An established manufacturer with subsidiaries across Europe, had maintained a long-standing commercial relationship with the UK distributor prior to the acquisition. This relationship formed a strong foundation for their decision to invest in a minority share of the distributor, diversifying their investment portfolio and securing a strategic foothold in the UK market. Despite acquiring a minority share, our client gained significant management rights and an option to take over the entirety of the UK business in the future, ensuring their long-term interests were safeguarded.
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14 Jan 2025
Avoiding Costly Pitfalls: Director Shareholders, Dividends, and s.455 Tax Liability
Section 455 imposes a temporary corporation tax charge on directors’ loans. This tax is payable alongside the company’s corporation tax bill but can be reclaimed from HMRC once the director’s loan is fully repaid. In many cases, companies advance money to directors as director’s loan, which is later “repaid” by declaring an end-of-year dividend that is credited against the director’s loan account. While this process can work seamlessly, mistakes often arise, resulting in unintended s.455 tax liability.
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9 Jan 2025
CLIENT OC
The £416k construction dispute was resolved in record time without going to court. IMD Corporate acted for a client who purchased an office building intending to convert it into a residential HMO. They entered into a contract with a builder for the necessary works. However, instead of a detailed construction contract typical of such projects, the parties relied on a brief two-page agreement. This lack of clarity in the contract ultimately led to significant differences in the interpretation of the work’s scope, pricing, and valuation methods.
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8 Jan 2025
How a £416k Construction Dispute Was Resolved in Record Time—Without Going to Court
The builder claimed £986,000 for the works, while our client asserted that only £570,000 was due—a substantial difference of nearly £416,000. Neither party had sought legal advice before entering into the contract, and as a result, the lack of a formal, detailed agreement contributed to the ensuing dispute.
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1 Jan 2025
Raising Capital Legal Considerations
Get in touch with our corporate lawyers in the UK and call us on 0330 107 0106 to arrange a free no-obligation call or request a free quote. Raising capital is an important step for many businesses. The two main methods are debt financing and equity financing, each with specific legal and financial implications. Understanding these options can help businesses make […]
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25 Dec 2024
Intellectual Property Rights Protection
Get in touch with our corporate lawyers in the UK and call us on 0330 107 0106 to arrange a free no-obligation call or request a free quote. This episode explores intellectual property (IP) rights protection for businesses. Olexandr Kyrychenko discusses safeguarding innovations, brands, and designs. Trademarks Protect brand elements such as names, logos, slogans, or taglines. Key considerations: Trademark protection […]
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23 Dec 2024
Insights on employment and immigration law for the UK sponsors
Skilled Worker Visa process requires attention to detail, strong compliance frameworks, and effective HR policies. Employers must stay informed and proactive to avoid penalties and maintain a positive reputation.
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18 Dec 2024
Navigating Regulatory Compliance
Get in touch with our corporate lawyers in the UK and call us on 0330 107 0106 to arrange a free no-obligation call or request a free quote. In this episode of IMD Corporate’s Business Insights Series, Olexandr Kyrychenko, Partner at IMD Corporate, outlines general requirements that most businesses will need to consider, while emphasising the importance of tailored advice to […]
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