Corporate & Commercial

LEGAL OPINIONS

We undertake Legal Opinion work in respect of complex commercial and corporate matters with clients ranging from FT 100 quoted companies to small family businesses. Our expertise ranges from standard to complex transactions and we have provided Legal Opinions to banking organisations; corporate service providers and legal representatives off and on island. We can also advise and provide Letters of Comfort.

We take a common sense and add value approach with a fast turnround with a pre-agreed fixed fee.
The following is the type of documentation required to provide a Legal Opinion but depending on the scope of the Legal Opinion required further documentation may be requested:

1. Copy of Corporate documentation i.e Certificate of Incorporation; Memorandum and Articles of Association; list of Directors and Shareholders;
2. Last Annual Return
3. Chart
4. Minutes of the Board
5. Security Documentation

SALE AND PURCHASE OF A BUSINESS

We have expertise in buying and selling of local businesses. Mr Carter can advise you each step of the way to make the process as stress free as possible. We adopt a practical approach whether you are merely looking for basic legal advice to get you on your way or whether you require us to provide legal advice and assistance in preparing the legal documentation to finally completing the transaction.

Our aim is to focus on the best commercial legal outcome for our clients.

COMPLIANCE LAW

We have valuable experience in the field of compliance with Mr Carter having been Vice-Chairperson of a regulatory board in the Isle of Man for a number of years. He has also been responsible for re-writing the Law Society Practice Rules.

Compliance requires the person or business entity to ensure they follow the current regulations in their jurisdiction. There is a responsibility to monitor with policies and procedures, provide adequate training, report to the regulatory body as required, keep up to date with changes in the law and regulations and carry out periodic internal audits.

We have been instrumental in providing advice and services to the following:

1. Advising on regulatory aspects of mergers of Gaming Companies
2. Advice to clients on Proceeds of Crime; Reporting; Disclosures; and Confiscation Orders

LICENSING LAW

Mr Carter is one of the most experienced Advocates in the area of Licensing Law on the Isle of Man. Although Mr Carter no longer makes court appearances he nonetheless can strategically assist (with the input of a Consultant, if required) in preparing the application for Court; assessing and advising on problem areas in advance; coaching prospective new applicants as to the requirements of the Court and their responsibilities; advising on the new Licensing Laws; and generally advising in this regard.