The Legal Implications and Risks of Multiple Owner Businesses (May 23)
Category: Company Law & Insolvency | Duration: 1hr | Tag: VODATSUK23D2S2 | Type: Video | Speaker: Aly Young | Date: 24/05/2023 11:00
Course Details
More and more small – medium sized businesses are being set up jointly by more than one person. Many family-owned businesses consist of multiple generations. Often the parties are so focused on the operation of the business and getting the financials right, that they don’t consider the legal risks of structuring themselves like this.
Aly Young covers the following topics during this course:
- Alternative structures – partnerships, limited companies, limited liability partnerships
- De facto position under the Companies Act i.e. what the rules are if the parties don’t stipulate the arrangements between them
- Issues that can arise (i) changing the common goal or purpose (ii) fallings out (iii) unforeseen events (iv) death or illness (v) sale
- Legal solutions including (i) court action (ii) winding up (iii) negotiation/dispute resolution
- Insurance and opportunities to create operational control/direction
CPD Course Speaker
Aly Young Law
Aly Young
Aly Young is a solicitor with more than 25 years’ experience of advising companies on legal issues.
She has previously worked as a GC in Plc’s and traditional law firms and since 2012 has run her own legal consultancy specialising in helping small to medium size businesses. She regularly delivers training sessions to business owners, finance, procurement and sales teams and fellow legal and other professionals, covering a wide range of business law issues.
Recognised for her ability to find simple solutions to apparently complex problems and is known for her no-nonsense approach.
She has previously worked as a GC in Plc’s and traditional law firms and since 2012 has run her own legal consultancy specialising in helping small to medium size businesses. She regularly delivers training sessions to business owners, finance, procurement and sales teams and fellow legal and other professionals, covering a wide range of business law issues.
Recognised for her ability to find simple solutions to apparently complex problems and is known for her no-nonsense approach.
Aly Young Law
Aly Young
Aly Young is a solicitor with more than 25 years’ experience of advising companies on legal issues.
She has previously worked as a GC in Plc’s and traditional law firms and since 2012 has run her own legal consultancy specialising in helping small to medium size businesses. She regularly delivers training sessions to business owners, finance, procurement and sales teams and fellow legal and other professionals, covering a wide range of business law issues.
Recognised for her ability to find simple solutions to apparently complex problems and is known for her no-nonsense approach.
She has previously worked as a GC in Plc’s and traditional law firms and since 2012 has run her own legal consultancy specialising in helping small to medium size businesses. She regularly delivers training sessions to business owners, finance, procurement and sales teams and fellow legal and other professionals, covering a wide range of business law issues.
Recognised for her ability to find simple solutions to apparently complex problems and is known for her no-nonsense approach.