This article explains how companies that own dental or orthodontic practices can be bought and sold on a 'debt-free cash-free' basis.
Considerations for both current and would-be practice owners who have / will have self-employed associates who want to protect their valuable goodwill.
Recent case law serves as another reminder of the pitfalls and traps to avoid with conditional break clauses in leases.
This article provides advice as to how sellers and buyers can efficiently deal with the due diligence process and lender requirements to ensure that there are no unnecessary delays to the transaction.
Landlords’ energy efficiency obligations are set to change in the near future. This article looks at how those changes will affect the commercial private rented sector, what happens if they are ignored, and the practical implications.
A brief guide to claiming your NHS Pension and mechanisms that can be put in place to protect your NHS Contract, and as such your goodwill, from being terminated upon “24 hour retirement” and death.
Considerations when deciding whether to buy a leasehold practice or a freehold practice.
This article examines the often adversarial approach taken by solicitors to the non-adversarial process of documenting a deal and makes some helpful suggestions
Dentists have to focus, from time to time, on contractual issues. This article is intended to provide an easy to read guide on a few easy steps to keep on top of the paperwork.
Additional considerations on incorporation of a dental practice.
NHS England is currently generally agreeing to incorporation of NHS Contracts, but policies are different from the LAT to LAT and each policy changes literally from month to month. This article examines various aspects of the willingness or otherwise of NHS England to agree to incorporation.
So you sell your incorporated practice for £800,000. Is this the final price or is this just the starting point? This article seeks to examine the adjustments required to be made on the sale of an incorporated dental practice
Legal and clinical considerations relating to guarantees given for dental work.
Lawyers, particularly solicitors, are trained to hold one fundamental belief, above all and that is that the interests of their clients are paramount and that they must do whatever is within their power to further their client’s case. This article examines the logic of this proposition.
Issues arising on the incorporation of a dental practice.
Russell Abrahams examines various property issues that require to be considered on incorporation of a dental practice
Imaginative solutions for incorporation were NHS England are unwilling to agree to the incorporation of an NHS Contract.
Some basic strategies to ensure that the Associates are not left high and dry following a sale to a dental corporate.
So you have made the decision to sell, you have marketed the practice with one of the leading dental brokers, they have found you a number of buyers and, after a good deal of soul-searching, you have to pick one of them. How do you decide who is worthy to take over your practice?
Russell Abrahams considers alternative methods of sharing the profits arising in a multi-principal practice.