This work covers drafting and negotiating commercial contracts and shareholders' agreements within English law. A solicitor in this area helps prepare and review contracts, including terms of sale, supply, distribution, and joint venture agreements, as well as shareholder agreements that govern ownership, voting, and exit rights. The work also involves negotiating terms, identifying risk, and ensuring enforceability in line with the Companies Act 2006, the Sale of Goods Act, and related regimes.
What a solicitor handles in these matters
Contracts and shareholders' agreements require careful drafting of provisions on price, delivery, liabilities, warranties, non-compete clauses, and remedies. The solicitor handles drafting, negotiation of terms, risk allocation, and due diligence, including reviewing constitutional documents, and coordinating with company secretaries, financial advisers, and opposing counsel to finalise a binding agreement.
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