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At ICSM we understand that when you need legal advice, you want to use a firm of solicitors endorsed by people whose opinion you trust.

That’s why we’ve teamed up with Douglas Wemyss Solicitors to provide exclusive services for ICSM members where court actions on debt recovery, winding-up petitions, bankruptcy petitions and county court proceedings are necessary.

Douglas Wemyss Solicitors were chosen by ICSM for their depth of experience and the high quality legal services they provide. As well as unrivalled commercial and legal knowledge, they are able to think outside the box, achieving cost effective results for their clients.

The firm has a coveted place on the Quality Solicitors Panel; an elite organisation of solicitors chosen by the public based on outstanding service levels.

Their efficient team of solicitors will guide you through your case from start to finish, providing solutions that best fit your needs, ensuring you are kept up-to-date with progress at each stage and that agreed timescales are kept.

Douglas Wemyss Solicitors are also offering ICSM members the same level of exclusive access to all of their legal teams and will visit you, at your convenience, to gain an insight into the needs of you and your business. As valued ICSM members, their first meeting with you will be conducted without charge.

Whether you are a large or small business, their legal expertise can provide advice and action on contracts, agreements, employment contracts, employment procedures, advice on HR issues and terms and conditions. They also deal with shareholder agreements, business purchase and sales, business acquisitions, and shareholder sales and purchases.

The firm’s specialist Business and Commercial Department works alongside SME and larger corporate organisations, safeguarding them by providing advice on business ventures, terms and conditions, documents for businesses and the implementation of agreements forming personal guarantees and contracts.

In addition, Douglas Wemyss Solicitors are also able to work with business clients dealing with property, including freehold purchases, sales and commercial leases and leaseholds.

More information about their services is given below. For further information, please contact Sarah Williams at ICSM on 0844 854 1850 or email sarah.williams@icsmcredit.com

Buying or Selling a Business
  • Legal Due Diligence
  • Price negotiation
  • Business valuation
  • Raising finance
  • Recruiting a management team
  • Transferring assets or shares
  • Company & business restructure
  • Management buy-outs/buy-ins
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Setting up a Business
  • Company formation
  • Partnership agreements
  • Shareholder agreements
  • Raising finance
  • Employment contracts
  • Advice on business plans
  • Protection of intellectual property
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Raising Finance
  • Setting up a business
  • Expanding a business
  • Buying a business
  • Working capital
  • Restructuring existing debt
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Employment Law
  • Legalities of employing and dismissing staff
  • Contracts of employment
  • Service agreements
  • Policies and procedures
  • Redundancy
  • Transfer of undertakings (TUPE)
  • Restraint of trade and business secrets
  • Representation at employment tribunals
  • Unfair dismissal
  • Discrimination and equal pay
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Copyright, Trademarks & Patents
  • Filing and protecting your intellectual property rights
  • Copyright for promoting brand names and creative works
  • Protecting inventions with brand management and strategy
  • Licensing software
  • Assistance with blatant copying of images, data, software, photographs, text, and patents
  • Advice on the sale or exploitation of any Intellectual Property rights
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  • Help when selling goods and services on the internet
  • Terms of use for website
  • Privacy policy
  • Domain name protection
  • Email internet and software policies
  • Data Protection
  • Hosting Agreements
  • Hyper-link Agreements
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  • Advice on the establishment of a franchise network
  • Advice when entering into a franchise agreement
  • Advice and assistance in preparing a franchise manual
  • Selling franchises through our network of partners
  • Preparation and review of:
    • Confidentiality and non-deposit agreements
    • Disclosure Pack
    • Franchise Agreements
    • Pilot Agreements
    • Master Licence Agreements
    • Development Agreements
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Distribution Agreements
  • Acting on behalf of distributor and principal
  • Negotiation and preparation of distribution agreement
  • Preparation of standard terms of supply
  • Advising on establishing distribution network UK and EU.
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Framework Agreements
  • Negotiating terms of supply
  • Incorporating terms with reference to manufacturing process and matters relating to delivery.
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Commercial Contracts
  • Commercial Contracts
  • Joint Venture Agreements
  • Agency Agreements
  • Terms of Trading, for the sale and supply of goods and services
  • Distribution Agreements, for a distribution network
  • Framework Agreements for the manufacture and supply of goods and services
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Commercial Property
  • Legal advice on buying and selling commercial property
  • Investigating title
  • Raising Finance
  • Dealing with security
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Commercial Leases
  • Legal advice on commercial leases
  • Negotiation of commercial lease
  • Preparation of heads of terms
  • Preparing commercial lease
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Licensed Premises
  • Legal advice on all forms of liquor and public entertainment licensing (with particular emphasis on advice relating to the Licensing Act 2003)
  • Betting and gaming licences for national operators of
    • bars & restaurants
    • off-licences
    • petrol forecourt
    • hotel chains
    • local/regional breweries
    • football & rugby clubs
    • theatres
    • health & fitness centres
    • leisure developers
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Tax Planning

Douglas Wemyss Solicitors can also help with your tax planning, help mitigate corporation tax and capital gains tax and even save on stamp duty.

Whilst there are generic strategies for tax planning, many more are bespoke. To give you the best possible solution, their solicitors will visit you at your convenience to gain an insight into the needs of you and your business. As valued ICSM members, their first meeting with you will be conducted without charge.

Below is a summary of the tax planning strategies provided Douglas Wemyss Solicitors and supported by the leading tax counsel:

Corporation Tax Mitigation and Cash Extraction
Ideal for companies with large cash balances, this strategy is suitable for:
  • Companies wishing to mitigate UK corporation tax
  • Companies holding properties with substantial gains
  • Shareholders looking to protect company cash/assets outside of the company without generating a tax charge
  • Reorganisations, incorporation or cessation of trade
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Capital Gains Tax
  • Trusts with a potential capital gains tax liability of £300,000 or more
  • Shareholders with a potential sale of their company on the horizon
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Inheritance Tax (IHT)
This strategy is suitable for individuals who:
  • have a short life expectancy looking for immediate IHT mitigation
  • are interested in protecting the value of their family home from IHT
  • want to gift assets to the next generation whilst retaining an income stream
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Non-Domiciled Individuals
  • Individuals looking to review and/or utilise their non-domicile status tax efficiently
  • Non-domiciled UK residents with a UK property portfolio or business interests looking to remove them from the UK IHT net
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Stamp Duty Land Tax (SDLT)
  • Individuals acquiring residential or commercial property worth more than £500,000 looking to mitigate SDLT
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Douglas Wemyss Solicitor Testimonials
Here are some of the comments that clients of Douglas Wemyss Solicitor have said about their exceptional service:

“Douglas Wemyss Solicitors are clear in their approach and always willing to do things face to face. They keep things simple and protect you all the way. I have recommended them many times.”    (Entrepreneur and successful businessman, Leicester)

“DWS provides a first class, prompt and efficient service at every opportunity.”    (Partner of a Holiday Retreat Company, Norfolk)

“My business and commercial solicitor was hard working and committed to personally ensuring that my transaction was completed effectively and more importantly on time and to the agreed schedule. It was a real pleasure dealing with DWS and I found the staff to be most professional, courteous, reliable and furthermore available should the need arise to contact them… I would not hesitate whatsoever in recommending DWS to family or friends.”    (Sales Director, Wednesbury)

“I have used the Business and Commercial department at Douglas Wemyss on several occasions. I was very pleased with the efficient and timely manner in which they dealt with my applications. I would highly recommend the team to friends⁄family and work colleagues. An excellent team and a credit to the company.”    (Senior Personal Banking Manager of Lloyds TSB Bank, Blackburn)

“I have been working with Douglas Wemyss Solicitors for over 10 years now. I have always found the staff to be professional, efficient and pleasant to work with. Turnaround period is excellent and I have never come across any problems where commercial work has been concerned.”    (Clients, Loughborough)

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Tel 0844 854 1850 ___ Fax 01454 327 355
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