Business and corporate law
There are a variety of business and corporate legal matters passing through Erb every day.
Corporate law refers mainly to documents that are associated with changes in the Register of Companies. The works we do related to company law are:
• Formation of limited liability
• Annual meeting
• Writing protocol
• Articles of association
• Elections and amending of the Board
• Share register and share certificate
• Financial year
• Pre-emption procedure
• Share capital increase, new issue
• Share capital increase, bonus issue
• Convertible debt
• Reduction of share capital
• Fusion between parent and wholly owned subsidiary
With business law, we intend the following:
• Acquire premises
• Raise working capital
• Provide credit and get paid
• Get caught up in dispute
• Become insolvent
To obtain working capital
A business may be financed in different ways but it is mostly through a combination of own and borrowed funds and supplier credits. To borrow money from a bank (the main lender) requires collateral in the form of real estate or mortgages or some form of guarantee. Erb can assess what form of security to be provided in different situations.
Our clients can in various ways join agreements. They can go into agreements with their suppliers and their customers. Erb assists in the preparation of contracts. We help establish agreements in the transfer of businesses or the transfer of limited liabilities.
To get caught up in dispute
The general courts consist of three levels: Magistrates’ court (District Court), Court of Appeal and the Supreme Court (HD). There are about a hundred Magistrates’ Court in the country, each one covering a geographic area. The Courts of Appeal are found in Stockholm, Gothenburg, Malmö, Jönköping, Sundsvall and Umeå. The Supreme Court is located in Stockholm. If any of our clients are subject to a process, whether that someone has sued our client, or that our client wishes to sue someone else we can help with lawyer contacts. At the first meeting with the lawyer usually questions about the legal expense insurance occur and therefore, you may want to bring existing insurance documents.
To become insolvent
If you are unable to pay your bills in the right time, you become insolvent. An insolvency may mean that you become object for debt collection and later the subject of negotiations under piece law, placed in a situation of liquidation duty or risk bankruptcy.