Becky Tsang
The National Security and Investment Act 2021 (the “Act”) came into force on 4 January 2022, giving the UK government an additional screening process on the grounds of national security.
The Act covers a broad range of transactions, requiring mandatory notification if it is connected to one of 17 key sectors.
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Robin Hastings (pictured below), qualified as a solicitor in 2011 having trained in London and after a spell at a large regional firm in Manchester joined Bermans in December 2015. He is now a Senior Associate in the Corporate department.
Robin Hastings
Jon Davage
Some of you may be aware that Jon Davage is head of our corporate team but did you know he has also contributed a chapter to a book?
Working with our clients, Guy Remond and Ian Brookes from The Start Up Factory, they developed an idea to share their experience of the journey from founder to exit in a tech-based business. They are also involved in Manchester’s first potential “unicorn” business Bankifi.
Continue ReadingJon Davage
Many business owners are re-evaluating their future plans as a result of the pandemic. Some are finding that their thoughts on retirement planning are somewhat different now than they were back in 2019. Some owners have enjoyed more free time as their businesses have been forced to shut during the lockdowns and others have enjoyed more time at home as travel and office working has been discouraged.
In some cases exit plans have accelerated and business owners are looking at what options there are to achieve a sooner than expected exit. We consider some possible solutions in this article.
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ParalegalFaizan joined Bermans Manchester office in January 2021 and works within the Corporate department.
Faizan assists and works closely with the Corporate team on various corporate instructions involving due diligence, disclosure and the review and drafting of supporting transactional documents.
Faizan graduated from the Legal Practice Course in Manchester and has previous experience of working on a variety of corporate transactions including share/asset acquisitions and disposals, company reorganisations, restructures, demergers, incorporations and also private equity.
Outside of work Faizan enjoys dining out, keeping fit at the gym, partaking in sports and is an avid hiker. He also has a keen interest in sports, science, film and culture.
E: faizan.nayyar@bermans.co.uk
T: 07730 045930
Continue ReadingJon Davage
As we await the Budget, still scheduled for 3 March 2021, speculation continues in the press as to whether it will bring a rise in tax and in particular Capital Gains Tax (CGT).
CGT is currently paid at a rate of 20% by higher rate taxpayers on most gains but can be reduced by various reliefs such as Entrepreneurs Relief (which allows business owners to take the first £1 million of gains at a CGT rate of 10%). A recent Treasury report recommended aligning the CGT rates with the Income Tax rates including top rates of 40-45%, a shift that would take us back to the position in early 2000s when the rates were much more closely aligned.
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Emma joined our Liverpool office in September 2020 as a trainee solicitor and currently works in the Corporate department.
Previous to her role at Bermans, she worked as a Paralegal at other leading law firms in Liverpool.
Emma graduated with a degree in Law from Newcastle University in 2019 and received a distinction from the LPC MSc.
She assists the Corporate team by undertaking the following:
Emma lives in West Lancashire and is a keen sportsperson, she is a member of Ormskirk Netball Club and spends time at the gym and running. She is also a member of the Merseyside Junior Lawyers Division.
E: emma.norman-jones@bermans.co.uk
T: 0151 224 0500
Trainee SolicitorChris joined Bermans Manchester office in September 2020 and is a Trainee Solicitor in the Bermans Corporate Team, having previously studied Law at the University of Liverpool.
Chris acts predominantly for SMEs in respect of both transactional and non-transactional matters. He has experience in assisting the team in respect of due diligence and drafting / reviewing various supporting documents used in a variety of matters.
He lives in Cheshire and plays 7-a-side football and likes to spend time with his friends and family.
T: 0161 827 4600
Barney Leaf
It was sadly inevitable that the Covid pandemic would push the UK economy into a recession. Unfortunately, the money worries that result from a recession can and often do affect relationships, whether they be personal or business relations.
Even the strongest of relationships have been known to breakdown when finances are tight and the current situation may well have caused the most severe financial pressures that some business owners have ever experienced.
Continue ReadingCatherine Lo (pictured below), joined Bermans in August 2016 as a Solicitor in the Corporate team in the firm’s Liverpool office. We spoke to her to learn more about her and her work.
Catherine Lo
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