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Some thoughts from our team that will hopefully challenge and inspire you.

Strictly Boardroom is our board-level legal briefing for business leaders in all sectors.

Strictly Legal is our board-level legal briefing for business leaders in the legal sector.

O’Connors News is our update on our reportable client deals and developments within our business.

24.03.23 Strictly Boardroom

Avoiding common bear traps when incorporating a business

Having made a strategic decision to convert your business to a limited company - whether from being a sole trader or a traditional partnership - there are some potential bear traps to avoid when doing so. Here is our guide to some of the main ones and what you can do to avoid them.
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01.03.23 Strictly Boardroom

Five key risks for unincorporated sports clubs

Sport England has recently reaffirmed the common principles shared by organisations that demonstrate good governance. These common principles are structure, people, communication, standards & conduct, and policies & processes. In this article we focus on the first, and arguably the most important, of these common principles, namely structure.
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31.01.23 Strictly Boardroom

Corporate Governance is key to B Corp Status

Almost every day another company becomes B Corp certified, reflecting their exacting standards of social and environmental performance, transparency, and accountability. B Corp companies are verified by B Lab UK, a not-for-profit network transforming the global economy to benefit people, communities and the planet, enabling people to use businesses as a force for good.
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12.08.22 Strictly Boardroom

Incentivising staff through employee share schemes

Nelson Mandela said that money won’t create success but the freedom to make it will. Perhaps this explains why more and more companies are using employee share schemes as a means of incentivising staff - aligning the interests of employees and shareholders whilst providing tax-efficient rewards.
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29.07.22 Strictly Boardroom

Important changes to the regulation of funeral plans

American actor and comedian Jonathan Katz once said that he hated going to funerals because he was not a mourning person. Well at least he had a funeral plan.
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07.07.22 Strictly Boardroom

Preparing a company for sale

Selling a business is usually the biggest decision a business owner takes and managing a sale process is emotionally demanding and time-consuming - time away from running the business. Taking steps to prepare your business for a sale, well before a buyer is on the horizon, will make things very much easier when the sale process starts.
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27.06.22 Strictly Boardroom

Change afoot for the insurance appointed representative regime

Under section 19 of the Financial Services and Markets Act 2000 (‘FSMA’) there is a general prohibition against a person (which includes a body corporate) carrying on (or purporting to carry on) a regulated activity in the UK unless they are an authorised or exempt person. Carrying on a regulated activity in breach of this general prohibition is a criminal offence and could result in certain agreements entered into being unenforceable.
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25.05.22 Strictly Boardroom

How insurance lawyers can enhance warranty & indemnity insurance policies

Warranty and indemnity (‘W&I’) insurance is now a well-established product for parties in corporate transactions and, for deals of a certain size, is frequently taken out as a matter of course.
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28.04.22 Strictly Boardroom

Managing personal liabilities when running an incorporated dental practice

One of the fundamental reasons to run a dental business via a limited company is to protect the owners and directors from incurring personal liability for the debts and liabilities of the business. The general rule is that an owner or director of an incorporated business cannot be held personally liable for its debts and liabilities provided their actions fall within the parameters of the company’s constitution and the actions are otherwise lawful.
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25.04.22 Strictly Boardroom

Cryptoasset Automated Teller Machines – Ye Be Warned!

In a recent warning to the operators of cryptoasset automated teller machines (“CATMs”), the FCA confirmed that of the cryptoasset firms listed on its register, none have been approved to offer CATM services. Therefore, any providers that do operate CATMs in the UK do so unlawfully and risk getting on the wrong side of the regulator.
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