Debt Management Recovery, And Enforcement In A Post-Pandemic World

How to stay ahead of the game, by avoiding debts become bad in the first place, by effective debt management and how to take action to enforce your debts, when to take action and when writing off debts is the most effective solution.

Are you struggling with overdue invoices and having trouble obtaining payment from stubborn debtors? If so, this hybrid seminar / webinar may be beneficial for you. For those that attend the physical webinar event, it also provides an ideal opportunity to network with local business contacts and a free lunch will be provided.

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The potential pitfalls of referring to employee share option plans in employment offers and contracts and how to do so safely

What are employee share option plans and why would you implement them?

Employee share options provide employees with rights to acquire shares in a company (usually the employing company or a member of the same group) at a pre-agreed fixed price (often called the exercise price or strike price) in the future. Normally, the exercise price is the market value of the shares at the time the option is granted.

For example, an employee could be granted an option to buy 100 shares at a price of £1.00 per share.

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Kent Reynolds joins The Jonathan Lea Network

We are very pleased to announce that Kent Reynolds, a dispute resolution solicitor, with over 17 years of experience has recently joined our retained team at our central office in Haywards Heath.

Kent will help manage and supervise our junior fee earners and allow us to take on more of the contentious work we attract, while he also has a strong client following himself. The team are already working on several new matters Kent has brought to the firm.

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Our Top 5 Recommendations For EMI Share Option Schemes

Top 5 Tips for EMI Options

1)      Separate generic scheme rules (that apply to everyone, e.g. when options lapse on leaving the company before options vested) and then bespoke option certificates that include details specific to each option holder such as exercise conditions (for example every year of employment or with reference to company turnover target or individual metrics such as sales targets).

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Changes to HMRC SEIS/EIS Guidance for Film and TV Companies

HMRC updated its Venture Capital Schemes Manual VCM8560 on 15 March 2021.

The update is regarding Example 3 of VCM8560 which presents an example of a qualifying film company.

The new guidance provides further clarity on how the risk-to-capital condition applies to Film and TV production companies that are seeking SEIS/EIS advance assurance approval.

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