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Ted Dewhurst

Corporate

Direct Dial: 01223 944034
Mobile: 07794 314903

A bit about me

I work primarily with small technology companies and investors in them.

I especially love working with smart and energetic entrepreneurs, helping them raise money, grow their businesses and succeed. I aim to be not only a lawyer to my clients, but also a trusted business adviser – the first person my clients think of calling if they need help or guidance.

I strive to give concise and pragmatic advice, always firmly centred on the needs and business objectives of my clients.

I find my job most satisfying when I have been able to make a complex transaction seem straightforward, giving my clients the confidence and freedom to focus on what they do best – building their business.

Want to know more?

Start talking to your lawyer as early as possible in a transaction – they can usually add value at the term sheet stage e.g. by identifying risks and advising on market practice before the terms are set in stone. This can save time and money later on.

When selecting a lawyer to work with, technical expertise should always be the primary consideration. Subject to this, always choose the lawyer who you like the best and find it easiest to work with.

Be realistic about time frames. Setting aggressive transaction timetables can be counterproductive and doesn’t necessarily save costs.

When should I seek outside investment for my business?

Generally, as the founder of a business, the longer you can hold out before you taken on angel or venture capital investment, the better. This is because as your business grows it becomes more valuable – and the less equity you will have to issue to investors for the same amount of investment. This reduces the dilution of the founder’s own equity.

I’ve just started a business with several co-founders. What happens if we fall out?

There are certain prudent safeguards you should consider putting in place to cover a situation e.g. where one of the team walks away. For example, you may wish to implement pre-emption rights and other restrictions on share transfers – these normally require an amendment to the company’s articles of association. Also consider who owns any intellectual property in the business – it is generally advisable for founders to enter into documentation which ensures that all of the IP belongs to the company rather than the individual founders or any contractors.

What are “company books”?

Company books, also known as “statutory books” are a set of records which every company is required by law to create and maintain. They may be in hardcopy or electronic form and must include, amongst others, a register of members (shareholders) and a register of “persons with significant control” (PSC). They are not the same as the records filed at Companies House. We can help you comply with the necessary requirements.

Teams I work with

Where I work

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