A Letter of Demand comes to play where an agreement has been entered into and a breach of the agreement has occurred. When all negotiations to settle the breach have failed to have any effect, a Letter of Demand – sent to the defaulting party – is often considered to be a final reminder [...]
Debt, Deferments, and the Devil in Statutory Demands There is no doubt by now you have explored every option for your business to ensure that you are making it through the difficulties of the COVID-19 pandemic (“COVID”). You may be negotiating with your landlord or tenant about rent relief or [...]
Business update. CMB Lawyers answering four questions relating to COVID-19 and how it affects business owners: What financial assistance is available to employers? How can I best manage my cash flow? What are your thoughts on the medium to long term outlook in this current situation? What can I do [...]
What is a Shareholders Agreement? A Shareholders Agreement is a binding contract which is entered into between shareholders of a company. It governs the relationship of the shareholders and specify who will control the company, how the company will be owned and managed, how shareholders’ rights may be protected and how shareholders can exit [...]
