Private Hire & Taxis Law
Transport & Regulatory Law Solicitors » Private Hire & Taxis » Sale of Company or Company Acquisitions
Sale of Company or Company Acquisitions
It cannot be emphasised enough how important it is to instruct a lawyer who has specialist transport expertise when purchasing or selling a transport business or its assets (including any commercial premises where vehicles may be based), as it is to instruct an expert transport lawyer when facing a criminal prosecution or a licensing hearing. Pellys Transport & Regulatory Law solicitors can advise on the purchase and sale of transport businesses.
Many operators purchase businesses without having any idea of the problems in store for them on the compliance side when they come into possession or sell at an undervalue because they do not know how to present their business in order to maximize its commercial appeal.
Because Pellys Transport & Regulatory Law solicitors specialise in advising and representing private hire vehicle operators we can help achieve the best price (either high or low) when it comes to selling or buying a private hire business, or its assets.
If you are looking at selling your transport business, or are looking at acquiring a transport company, contact us to discuss how we can assist with all the legal aspects of the transaction. Call us on 01279 818280 or fill in the contact form to send us an email.
Latest Private Hire & Taxis News and Insight
DVLA – Accelerating Medical Fitness Applications
It is to be hoped that professional drivers will no longer have to endure weeks of waiting for their driving licences to be processed, as the Government has implemented changes to the Road Traffic Act 1988 (RTA) to allow a wider range of health care professionals to approve medical examinations.
by Emma PellyChanges to Sentencing Rules for Dangerous Driving Offences – Life Sentences from 28th June 2022
Road traffic accidents can be difficult, traumatic experiences for all involved, especially if there is an accusation that the driver causing the accident was “under the influence” when the accident happened.
by Emma PellyLatest Update to Traffic Commissioner Guidance – 12th April 2022
The series of amendments published on 12th April 2022 incorporate the new regulations on Light Goods Vehicles (LGV’s) across the Traffic Commissioners’ Guidance documents.
by Emma PellyCompliance Audits – the value in getting them right and the risk in getting them wrong
Most operators will be aware that the idea of a systems compliance audit is not new. For several years, numerous providers have offered systems audit services as a means for operators to ‘see how they are doing’.
by Emma PellyEnd of the Covid-19 Furlough Scheme and the Impact on Business
The Coronavirus Job Retention Scheme (“CJRS”) set up earlier in 2020 will be wound down by the Chancellor by October 2020. From 1st July 2020, employers have been able to implement flexible furlough arrangements including part-time arrangements.
by Emma PellyCovid-19 – Economic Struggle, Financial Standing & Business Closure – Obligations to the Traffic Commissioner
2020 has been a year like no other, and the longer-term impacts of the Covid-19 crisis that have hit the world so hard are likely to be felt for many years to come.
by Emma PellyVirtual Training Providers – Latest update to Traffic Commissioner COVID-19 Guidance
Another update to the Senior Traffic Commissioner’s COVID-19 guidance to goods and passenger vehicle operators has been published, with the new version of the document being uploaded on 14th May 2020.
by Emma PellyLatest Update to Traffic Commissioner Covid-19 Guidance – 11th May 2020
This new update focusses on two primary areas – first, a change in relation to the position that the DVSA vehicle examiners are adopting when it comes to the issue of roadworthiness prohibitions – and second, the latest in relation to the position the OTC itself is adopting on Public Inquiries.
by Emma PellyTemporary Relaxation to Driver CPC Periodic Training Requirements
As a result of the ongoing Covid-19 pandemic, on 31 March 2020 the Department for Transport announced that temporary changes have been put in place in relation to driver CPC requirements and enforcement.
by Emma Pelly6th April 2020 – Latest Update to Traffic Commissioner COVID-19 Guidance
Once again, the Senior Traffic Commissioner has updated his guidance to goods and passenger vehicle operators, with the latest update being issued on 6th April 2020.
by Emma PellyUpdate to Traffic Commissioner COVID-19 Guidance – 1st April 2020
On 1st April 2020 the existing guidance to operators issued by the Senior Traffic Commissioner was updated.
by Emma PellyNew Traffic Commissioners for Wales and North West England
Gerallt Evans has been appointed Traffic Commissioner for the North West of England, with Victoria Davies appointed as the new Traffic Commissioner for Wales following the retirement of Mr. Nick Jones.
by Emma PellyLatest Private Hire & Taxis News and Insight
DVLA – Accelerating Medical Fitness Applications
It is to be hoped that professional drivers will no longer have to endure weeks of waiting for their driving licences to be processed, as the Government has implemented changes to the Road Traffic Act 1988 (RTA) to allow a wider range of health care professionals to approve medical examinations.
by Emma PellyChanges to Sentencing Rules for Dangerous Driving Offences – Life Sentences from 28th June 2022
Road traffic accidents can be difficult, traumatic experiences for all involved, especially if there is an accusation that the driver causing the accident was “under the influence” when the accident happened.
by Emma PellyLatest Update to Traffic Commissioner Guidance – 12th April 2022
The series of amendments published on 12th April 2022 incorporate the new regulations on Light Goods Vehicles (LGV’s) across the Traffic Commissioners’ Guidance documents.
by Emma PellyCompliance Audits – the value in getting them right and the risk in getting them wrong
Most operators will be aware that the idea of a systems compliance audit is not new. For several years, numerous providers have offered systems audit services as a means for operators to ‘see how they are doing’.
by Emma PellyEnd of the Covid-19 Furlough Scheme and the Impact on Business
The Coronavirus Job Retention Scheme (“CJRS”) set up earlier in 2020 will be wound down by the Chancellor by October 2020. From 1st July 2020, employers have been able to implement flexible furlough arrangements including part-time arrangements.
by Emma PellyCovid-19 – Economic Struggle, Financial Standing & Business Closure – Obligations to the Traffic Commissioner
2020 has been a year like no other, and the longer-term impacts of the Covid-19 crisis that have hit the world so hard are likely to be felt for many years to come.
by Emma PellyVirtual Training Providers – Latest update to Traffic Commissioner COVID-19 Guidance
Another update to the Senior Traffic Commissioner’s COVID-19 guidance to goods and passenger vehicle operators has been published, with the new version of the document being uploaded on 14th May 2020.
by Emma PellyLatest Update to Traffic Commissioner Covid-19 Guidance – 11th May 2020
This new update focusses on two primary areas – first, a change in relation to the position that the DVSA vehicle examiners are adopting when it comes to the issue of roadworthiness prohibitions – and second, the latest in relation to the position the OTC itself is adopting on Public Inquiries.
by Emma PellyTemporary Relaxation to Driver CPC Periodic Training Requirements
As a result of the ongoing Covid-19 pandemic, on 31 March 2020 the Department for Transport announced that temporary changes have been put in place in relation to driver CPC requirements and enforcement.
by Emma Pelly6th April 2020 – Latest Update to Traffic Commissioner COVID-19 Guidance
Once again, the Senior Traffic Commissioner has updated his guidance to goods and passenger vehicle operators, with the latest update being issued on 6th April 2020.
by Emma PellyUpdate to Traffic Commissioner COVID-19 Guidance – 1st April 2020
On 1st April 2020 the existing guidance to operators issued by the Senior Traffic Commissioner was updated.
by Emma PellyNew Traffic Commissioners for Wales and North West England
Gerallt Evans has been appointed Traffic Commissioner for the North West of England, with Victoria Davies appointed as the new Traffic Commissioner for Wales following the retirement of Mr. Nick Jones.
by Emma Pelly"A brilliant, hard-working team who go over and above for the client. They are rightly recognised to be one of the best transport practices in the country. They are an exceptional specialist firm who punch way over their weight. They have an excellent reputation."
"An established practice with recognised strength in representing haulier and passenger clients on an array of regulatory proceedings. An impressive practice advising goods and passenger vehicle operators on the full range of road regulatory matters."
"They know the field backwards and would be perfectly capable of running a transport business."
"The firm has an incredible knowledge of transport and associated regulations. They are extremely knowledgeable."
"They have very good client-care skills. They really go the extra mile for the client and leave no stone unturned and they always deliver well and on time. My overall impression of the Pellys team is one of thoroughness in everything they do."
"They react very quickly, we are always kept up to speed on what is going on and they are very responsive. If I need something at short notice and ring out of hours I get a very quick response. They’re extremely easy to get hold of and professional."