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Jon Davage, Head of Corporate and author!

Jon Davage

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.

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Is now the time to sell up?

Jon 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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Faizan Nayyar

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Faizan 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

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Capital Gains Tax (CGT) Reforms

Jon 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 Norman-Jones

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Trainee Solicitor

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:

  • Dealing with commercial transactions such as sale and purchase of commercial property including asset sales and purchases;
  • Dealing with residential transactions for both freehold and leasehold properties;
  • Dealing with post-completion formalities

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

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Chris Brain

chris-brain-webTrainee Solicitor

Chris 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.


E: chris.brain@bermans.co.uk

T: 0161 827 4600

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A helping hand to resolve shareholder disputes

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.

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