Expert Resources

Take advantage of our free expert resources, written by the experts at LCN Legal, based on their practical experience of working with multinational groups and their advisers across the globe. If you are interested in these areas, you may wish to bookmark this page to check back regularly for new information.

Paul Sutton

When should I register a trade mark for my business?

Trade mark registration is not always top of the to-do list for new businesses – or for businesses new to the UK. So at what point should does it make sense to go ahead and spend the money on a trade mark application? Key questions to ask yourself From a commercial perspective, there are two key questions here: 1. How damaging would be it if someone …
Paul Sutton

7 reasons not to start a corporate simplification project

  Sometimes it’s obvious that a group needs to remove unnecessary companies. The group may have 128 dormant companies, each of which have done nothing for 15 years. There may be a global policy at head office level which instructs local management to implement a policy of legal entity reduction. Or a key regulator may decide that the group’s …
Paul Sutton

An introduction to limited partnership funds: who does what?

This introduction is for people who are considering setting up a UK fund using the traditional structure of an English limited partnership. This is only one of a range of legal structures which can be used, but it is a tried and tested model. The structure is summarized in the diagram below. This particular one is for a real estate fund, but very similar …
Paul Sutton

Intra-group transfers at market value or book value

This article is taken from the second postcard in our series of cards on group reorganisations, and looks at the price at which assets can be transferred intra-group. Links to the other postcards in the series can be found at the end of this article. This legal issue arises on an ‘upwards’ or ‘sideways’ transfer. That is, when a UK company transfers …
Paul Sutton

Top 5 Eurobond Myths

Top 5 Eurobond Myths The so-called “Quoted Eurobond Exemption” remains an effective way of dealing with UK withholding tax on interest. It is potentially available where the borrower is a UK tax resident company, and the lender is foreign resident. In many ways, the term “Eurobond” is misleading, and it can give rise to a number of misconceptions. …