London | Frankfurt | Madrid | Milan | Rome

MODERN LAWYERSFOR CHANGING TIMES 'a City firm in a non-City location' - Legal 500

Lewis Nedas Law are London-based solicitors, frequently rated in both Chambers UK and The Legal 500. With over 30 years’ experience as specialist solicitors in central London, UK, we can help you or your business today. Tel: 020 7387 2032.
MAR
29

Son of firearms dealer spared from jail

firearmsIn an outstanding result achieved by our Firearms Law specialist Laura Saunsbury, a registered firearms dealer’s son who was charged with an offence of unlawful possession of a prohibited firearm was recently spared from being sent to prison. After considering the representations Laura made on our client’s behalf, the CPS were persuaded that the circumstances of this case were so exceptional that it was not in the public interest to continue with the prosecution.

Our client, a young man who had never been in any trouble with the police before, was facing the prospect of a mandatory minimum sentence of 5 years imprisonment. He received the good news just days before he was due to appear at the Crown Court last month to enter his plea. Our client and his family were extremely relieved and grateful.  In expressing his appreciation our client said the following;

“ Laura was very professional, she gave a great service and kept us up to date each step of the way. She sorted everything out so that it all went in my favour, which was a phenomenal relief to me and my family. If anyone ever asks me who I would recommend for advice on firearms law, it will definitely be Laura Saunsbury at Lewis Nedas Law. Thank you for everything you’ve done.”  

Continue reading
  268 Hits
268 Hits
MAR
29

New specialist criminal and serious fraud defence lawyer, Adam Shaw, joins Lewis Nedas Law

lewis nedas new staffWe are delighted that Adam Shaw has joined our leading and highly successful criminal and fraud defence team, he will be attached to our East London team and work with Unan Choudhury, who leads that particular Office.

Adam was previously with a long established East London practice, he is an accomplished advocate and skillful defence practitioner.

Continue reading
  225 Hits
225 Hits
MAR
27

How can Minority Shareholders Take Action?

Every shareholder has basic rights bestowed on them by the Companies Act 2006. But minority shareholders have limited control over the management of the company or how it distributes its profits. This does not mean, though, that they are completely powerless. A minority shareholder can take various actions to protect their interests, including through the courts. A major way to enhance the rights of minority shareholders is via the articles or shareholder agreements. To offer the most protection this should be done before the shares are acquired.

Enhancing Basic Shareholder Rights

The Companies Act 2006 details the basic rights of a shareholder, which are dependent on the percentage size of the shareholding, ranging between 5%, 10%, 25%, 50%, 75% and 90%. Minority shareholders’ rights can be offered increased protection by adapting the standard articles or shareholders' agreement, which have limited minority shareholder rights.

Continue reading
  417 Hits
417 Hits
MAR
27

The Advantages and Disadvantages of Share Capital

There are various ways to raise capital for a company. The company can use debt capital to fund a business (such as a bank loan) or it can raise equity capital by the sale of shares in the business. This can be more appealing and/or appropriate than other methods, but it raises further issues on the business that must be considered.

Advantages of Share Capital

One of the attractions of raising capital via the sale of shares is that the company does not have repayment requirements for the initial investment or for interest payments. This can make it more appealing than other forms, such as bank loans and bonds, that are debts of the company. Debts require the company to make payments at regular intervals in relation to interest, as well as eventually repaying the initial amount that was borrowed. Any shares sold can require a distribution of profits as a dividend but these can be halted if necessary. Therefore, the business is given more flexibility over its finances.

Continue reading
  6855 Hits
6855 Hits
MAR
27

The Importance of Due Diligence and Disclosure

Why is due diligence and disclosure so important? The disclosure letter is one of the most significant documents in a sale of a business or shares and has major consequences for both the seller and the buyer. It has long-lasting importance to the deal and can have far-reaching consequences. Due diligence is assisting the buyer in determining that what they are actually buying is what they expect and at the same time protecting the seller from any future legal ramifications.

For the seller, correct due diligence and disclosure will give them valuable protection in the future if the buyer tries to bring a misrepresentation claim after the sale. For the buyer, due diligence and disclosure are vital and can either reassure the buyer about the key issues about the sale, or if a problem is revealed, can be used as a bargaining tool where the buyer can:

Continue reading
  190 Hits
190 Hits

Accreditations
and Awards

legal 500 uk leading firm 2017 chambers leading firm 2017