Richard Pull

There is growing interest among company owners in considering a sale to an employee ownership trust (EOT) in order to realise value locked up in the business, whilst retaining overall ownership in a trust on behalf of all employees. In order to encourage...

Background The Bills of Sale Act (the “Act”) was introduced in 1878 and still governs how individuals, partnerships and unincorporated bodies can use goods that they own as security for loans, while retaining possession of those goods. Since...