Law firm RWK Goodman has advised the shareholders of cloud-based vehicle diagnostic specialists SOMIT Solutions on its sale to KPIT Technologies. Based in Abingdon (Oxfordshire), SOMIT Solutions enables after-sales operations of high-tech luxury and…
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Friday saw Elon Musk announce that he is pulling out of the $44bn deal to acquire social media platform Twitter. Musk alleges that Twitter has failed to provide enough information in relation to the…
We have recently advised Oxford Metrics plc on the sale of Yotta to Causeway Technologies for £52m. Oxford Metrics, a long-standing client of RWK Goodman, is an Oxford-based smart sensing software company with customers…
RWK Goodman’s Corporate team celebrated last week after LDC’s investment of £13m in support of Hybrid’s management team won the South West Business Insider Dealmakers ‘Medium-sized Deal of the Year’ award. RWK Goodman’s Corporate…
In the recent case of Asher v Jaywing Plc [2022] EWHC 893 (Ch) the sellers bought a claim against the buyer for breach of contract relating to earn-out provisions in the share purchase agreement…
The B Corporation certification process B Corp certification is a voluntary process that requires businesses to commit to consideration of the impact of their decision-making on customers, employees, suppliers, community and the environment. Certification…
2021 Budget Update: In the 3 March 2021 budget the Government announced a review of the EMI scheme aimed at ensuring the scheme provides the right support for high-growth companies, and to review whether EMI…
You are looking to sell your shares in a company, but is it possible that the confidentiality provisions in your shareholders’ agreement will prevent you from doing so? This question was put to the…
Contractual performance is under the spotlight as the new coronavirus, known as COVID-19, sweeps across the globe. As a result many businesses are considering what happens if they or another business are unable to…
In First Subsea Ltd v Balltec Ltd and others [2017] EWCA Civ 186 the Court of Appeal had to make a judgment on whether a director found to be in breach of fiduciary duty could rely…
In Cavendish Square Holding BV v Talal El Makdessi and ParkingEye Ltd v Beavis [2015], the Supreme Court considered a combined appeal as to whether certain contractual clauses which imposed a sanction, were unenforceable due to them being…
When a company is solvent and business is good, the company and its directors owe fairly limited duties to creditors (save, of course, for contractual obligations). Directors must act in the best interests of…
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