Solicitors For Share Sales
At Cocks Lloyd Solicitors Ltd, we have extensive experience in advising on the buying and selling of shares. When you purchase shares in a company, you are also taking on certain liabilities, including commercial contracts, employees, commercial property, and disputes. Our Company Law Solicitors will conduct thorough due diligence on the company whose shares you plan to purchase and ensure that the Share Purchase Agreement includes the necessary warranties and protections.
We are a diverse, multi-lingual law firm that utilises best-in-class technology to provide clients with streamlined, modern, and highly effective corporate law advice and representation. With years of experience in company law, we have built a robust reputation for excellence. We collaborate with the UK’s top Barristers and Queen’s Counsel, accountants, and valuers who can offer additional support to our Corporate Law Department when needed.
Common Questions About Share Sales
What is a Company Law Solicitor’s role in share acquisitions?
Although every share acquisition is unique, most transactions will require a Solicitor to manage the following stages:
- Drafting and managing pre-contract documents, such as Heads of Terms, Confidentiality Agreements, and Exclusivity Agreements.
- Conducting due diligence on the target company and any subsidiaries.
- Negotiating and drafting the Share Sale Agreement.
- Obtaining any necessary third-party consents for the transaction.
- Organising the signing of the Share Purchase Agreement and the transfer of shares from the seller to the buyer.
- Handling post-completion steps, such as paying Stamp Duty and filing the required details with Companies House.
Our Company Law Solicitors will manage every stage of your share acquisition, ensuring that any issues are quickly identified and resolved.
Why is due diligence important when buying shares in a company?
When you purchase shares in a company, you also assume its liabilities (although these will be limited). It is crucial to ensure that your investment will yield a return. Due diligence involves examining every aspect of the company, including its financial and legal position, sales funnel, employees, and commercial property, to identify any problems or anomalies. We take meticulous care when conducting due diligence for share purchases and will uncover any issues that may affect your interests.
What does the Share Sale Agreement contain?
Although there is no legal requirement in England and Wales for an agreement to sell or acquire shares to be documented in writing, it is standard practice to have a written Share Sale Agreement, especially when the buyer is acquiring the entire share capital of a company.
A Share Sale Agreement will:
- Record the specific terms of the share sale and purchase.
- Specify any conditions, such as shareholder approval, that must be met before the transaction can be completed.
- Include any warranties and indemnities provided by the seller.
- Contain restrictive covenants against the seller starting a rival company during a specified period and/or within a certain location.
By instructing Cocks Lloyd Solicitors Ltd, you can trust that your Share Sale Agreement will be meticulously drafted, with your Solicitor taking the time to understand your business (if you are the seller) or your commercial ambitions (if you are purchasing a company’s shares).
Why Choose Us?
Our Company Law Solicitors have been advising business owners throughout the West Midlands for many years. We are proud of our personal service to all our clients and strive to be available by phone and to respond to your email within 24 hours. As a full-service law firm, we can also provide advice on other matters such as commercial property, employment law, and dispute resolution.
Our Solicitors are businesspeople themselves; therefore, we understand that every decision you make must encompass commercial reality. We receive most of our instructions via word-of-mouth recommendations because company directors and business owners throughout the West Midlands know that we have the knowledge and dedication required to ensure every legal aspect of their share sale and purchase is thoroughly managed.
The advice we provide is sharp, practical, and tailored to your commercial objectives. Our investment in technology means many of our processes are automated, lowering fees and ensuring your investment as our client is primarily directed towards acquiring our expertise, solving your problems, and enabling you to seize opportunities.
We focus on achieving results swiftly and cost-effectively. Our Company Law Solicitors will handle your legal concerns so you can concentrate on your organisation’s future growth and prosperity.
Cocks Lloyd Solicitors provides exceptional Solicitors For Share Sales and Company Law services to clients. People choose and recommend us not just in Nuneaton, Tamworth, Atherstone, Hinckley and Leicester, but across Warwickshire, Staffordshire, Leicestershire and the West Midlands, and the whole of the UK, because we get results.
To receive expert advice and representation regarding Solicitors For Share Sales and Company Law, please contact us using the form below, call us on (0247) 6641642, email via the Request a Callback form on this contact page.