We are a commercial legal practice concentrating on three principal practice areas, Corporate, Litigation and Property.
We aim to provide a distinctive service to achieve excellence for all our clients and strive to develop good working relationships.
We have 12 fee earners aiming to provide sensible advice and committed to finding practical solutions for business needs.
We are located in the heart of Matford Business Park and are Open To Business.
It will ordinarily be necessary where a business is sold to vest any outstanding benefits or rights in contracts of the seller in the buyer. This is generally addressed in the business purchase agreement and its related assignment documentation. For an assignment to be a legal assignment it will be necessary to notify the other party to the relevant contract of the assignment of the rights and benefits which have been assigned from the original contracting party to the buyer.
It is becoming more common to see businesses operated through limited liability partnerships. There are a number of attractions for existing partnerships to transfer their businesses into a limited liability partnership. The principal reason is in order to limit the liability of its members.
The law on agency surrounding a person engaged on a self-employed basis by a company to provide assistance in obtaining new clients and/or negotiating contracts on behalf of a company, is a complicated area of the law. The concept of agency and its application, (intentional or not) and the operation of the Commercial Agents Regulations 1993 (Regulations) has given rise to much case law.
4 Cranmere Court, Lustleigh Close, Matford Business Park, Exeter EX2 8PW Tel: 01392 823811 | Fax: 01392 823812 | DX: 300350 Exeter 5 | E-mail: law@otb.uk.com
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