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When forming or operating a private limited company, there are a number of steps that can be taken in order to protect yourself and the other parties involved. Perhaps the most effective step is the implementation of a shareholders’ agreement that is suitably tailored to your business.  What is a Shareholders’ Agreement?  A shareholders’ agreement is a private contract made between a company and its shareholders that sets out how the company should be operated.…
The corporate teams at Pannone Corporate and KJG Chartered Accountants have advised entrepreneurs Rob Garbutt and Paddy Doyle on the sale of their company, LDeX, which operates data centres in Manchester and London.LDeX has been bought by Glasgow-based AIM-listed Iomart Group for an undisclosed sum.The deal comes eight years after the pair sold their first data centre business, UK Grid, which was founded at Manchester Science Park in 2004, to Telecity Group for £11.7m.Pannone Corporate…