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Corporate and Commercial

Commercial Contracts

Commercial Contracts

Commercial contracts are fundamental to any successful business and as such it is vitally important that all contracts – whether with customers, suppliers, or any other form of collaborator – from commercial deals to the acquisition of office equipment, are drafted accurately and reflect the terms that the parties have agreed.

Our commercial lawyers have the ability to advise on all aspects of commercial contracts, in particular in relation to sectors such as retail, healthcare, technology, charities, hotels and industrial storage. We take the time to learn and understand your business sector enabling us to tailor contracts specifically for you ensuring that your interests are protected at all times.

Once any contract has been drafted our specialist commercial lawyers go to great lengths to ensure that you understand the implications and obligations contained within them. They assist with implementing the contract and advise the client of the steps required to achieve this. For example, when we are instructed to draft or review terms and conditions of business, our commercial lawyers always review the client's supporting purchase/sale documents (eg purchase orders, confirmation orders) to set up a simple process so that the client can ensure that its terms and conditions are always incorporated into the main contract.

In order to maintain that competitive edge, businesses are increasingly moving towards the technology sector. Businesses that have innovative and uniquely designed products (in particular products that are to be developed further by a third party), need to consider whether they have incorporated sufficient protection for their intellectual property rights into the relevant contract. Failure to do this will inevitably lead to disputes in the future.

Contracts concerning the supply of goods worldwide also need special attention to ensure that you are protected from incurring delivery, insurance and export taxes. You will also want to ensure that the governing law and jurisdiction that applies to the contract is favourable to you (ie English law to be considered by the English Courts). Otherwise in the case of a dispute you may find that the law and jurisdiction of another country is applicable to the contract in dispute.

Our advice on commercial contracts includes (but is not limited to):

  • Agency and distribution agreements (exclusive and non-exclusive);
  • Bailment and leasing;
  • Consultancy agreements;
  • Confidentiality and non-disclosure agreements;
  • Franchising agreements;
  • Joint Venture Agreements and other collaboration agreements;
  • Outsourcing and developmental agreements;
  • Manufacturing and supply agreements;
  • Preliminary Agreements - Heads of Terms for commercial transactions and letters of engagement;
  • Terms and conditions of supply and purchase;
  • Tender processes and advice on public procurement nationally and internationally;
  • Website terms and conditions relating to supply and use of the website.

The commercial team has been busy reviewing an increasing number of contracts, including referrals of larger contracts from UK-based in-house legal teams. To name a few, we regularly assist Cummins Limited (UK subsidiary of Cummins Inc), Renault and Choice Hotels.

To talk to one of our commercial solicitors, call us today in confidence on 01895 207973. Alternatively, you can email us at corporate@ibblaw.co.uk.

David Clark

David Clark

Partner david.clark@ibblaw.co.uk 01895 207973