Sunday 28 June 2020

I'm About To Start Looking At A Draft Share Sale & Purchase Agreement - That Is In Such An Old Format - It Uses 'WordPerfect' Fonts!

https://en.wikipedia.org/wiki/WordPerfect = Read and Learn!

You 'kids' don't remember an era before the internet, and when not every office worker had a PC on their desk.

Sadly, I do! 

Thankfully, the practice of law has moved on, and most draftspersons use the efficiency and cost-effectiveness of modern document production practices and protocols.

Not all, however . . . . 

https://www.youtube.com/watch?v=FP6ZBqPlEzs

Every 'I Have A Bad Feeling About This' From All Eight (8) Star Wars Films

@DanRJohnson

www.EquitableLaw.UK

Saturday 27 June 2020

UNAUTHORISED AND UNREGULATED LEGAL SERVICE PROVIDERS . . .

People are often surprised to discover that there are a significant number of 'legal/law' businesses in the U.K. that are completely unauthorised and unregulated, and have quite a 'variable' level of quality and competence.  

I had one recently make contact with my firm, misrepresenting themselves on initially phoning in (= ‘a [named personal friend of yours] referred me to you’); and who then immediately 'backtracked' when I recorded their statement in my first email to them.

Once asked to make the most minor financial contribution to this business, they have now swiftly declared that they have ‘solved’ their issue by . . . . errrrr, doing absolutely nothing – the relevant aspect discussed is carrying on regardless (and everything is exactly as it was)!

They have likely phoned every conceivable Solicitor and Barrister in London who will take her call (received the same preliminary advice - which they don't like - and then phoned the next one)  . . . 

These people are always the same – they want to compete with Solicitors / Barristers (without the overhead costs, and the requirement to be competent - that being authorised and regulated would involve); but when they have a problem – they come straight to try and get legal advice and assistance from Solicitors / Barristers – while never having any ability or intention of paying.

(I guess the old adage that the 'lawyer' who advises himself, has a fool for a client = is definitely true here).

Please 'Be Aware' > That use of a title 'lawyer' or 'legal advisor' means absolutely nothing in the U.K. regulatory sphere (and can accordingly be used by any and every person who has ever failed to take a law exam - and much, much worse)!  

After incorporating about a decade ago, 'this one' had managed to trade an unregulated legal company - which has been insolvent on a balance sheet basis every year since incorporation.

To be fair, their accounts appear to indicate they may have made a surplus of slightly less than GBP £20k last year, and they have got a little under GBP £10k in the bank.

They finally compounded the whole ridiculousness by being total fantasists > as to them indicating being involved in a multi-million-pound acquisition.

What total *rses and time-wasters!

Thank the heck - We’ve reluctantly started filtering 'people like this' with a requirement to leave a voicemail!

However, if you are a 'serious player' - please don't hesitate to make contact.

@DanRJohnson

www.EquitableLaw.UK

June 2020

Tuesday 9 June 2020

If you are thinking of doing any business in the U.S. . . .

If you are thinking of doing any business in the U.S. > put a 'firewall' subsidiary company between the U.K. asset owning / holding company = https://stripe.com/atlas Top tip from @DanRJohnson x