High Value and Luxury Assets

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Saracens Solicitors
1 Great Cumberland Place
Marble Arch
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W1H 7AL
T: +44(0)20 3588 3500
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Saracens Blog
The Luxury of Time – Legal Considerations When Investing In Luxury Watches

Buying luxury timepieces to sell it for a profit at some point in the future is undoubtedly a smart investment. And fortunately, the demand for high-end watches has never been greater. In 2016, Britain was the eighth largest market worldwide for luxury watches[1]. Since 2010, the value of Swiss watch exports sent to the UK has almost doubled, from SFr596m to SFr1.06bn ($1.06bn), sending the country ahead of previously stronger regions such as Singapore, Russia, and the Middle East. However, forgeries are unfortunately all too common, so it is crucial to invest in legal advice and undertake thorough due diligence before investing thousands of pounds. The history of the watch […]

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Raising the Roof – Forfeiture of a Commercial Lease | Litigation

Raising the Roof – Forfeiture of a Commercial Lease | Litigation Imagine you are a tenant of a commercial property.  Business may be slow and you have fallen behind on your rent, but you know things will eventually pick up and you will settle your arrears.  You leave the premises unattended for a period of time to try and find a way to remedy the situation, only to return and find your landlord has changed the locks and effectively evicted you from your livelihood.  Surely they cannot take such drastic action against rent arrears, can they?

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Introductory Guide to Shareholders’ Agreements

What is a Shareholders’ Agreement? We often have clients who tell us that they have started a new business and have been advised by friends / colleagues to enter into a shareholders’ agreement. We are frequently asked why a shareholders’ agreement is needed and the matters covered by the agreement. To put it simply, a shareholders’ agreement is a private contract that can be entered into by some or all of the shareholders of a company to regulate the affairs between them. It gives rise to contractual obligations between the parties and the usual contractual remedies are available in the event of breach. The structure and provisions within a shareholders’ […]

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