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You'll want us on your side
London: 020 8209 0166 | Liverpool: 0151 236 5000
See how we've helped business in media and entertainment.
We were engaged by our client a London-based, successful serial entrepreneur in the insurance industry to advise him in connection with his negotiations for a license to manage and operate an online B2C insurance platform.
The licensor was offering a fairly standard licence arrangement and were taking a tough stance. We managed to adjust our client’s position in the deal offering him a preferred position and various other non-standard enhanced commercial rights, such as options to purchase the platform and limited post-termination restrictions, whilst reducing the client’s exposure under the licence agreement under certain provisions.
Following the suggestion of a meeting between the parties and their respective solicitor, we managed to discuss and resolve all outstanding issues in a relatively short timeframe.
The outcome was that our client was delighted with our services, not only were we able to negotiate a better solution, but with the timeframe being significantly reduced due to our expedited responses, we were able to reduce the client’s legal spend, which came in below our original quote and within his budget – The client commented: “…Can't thank you enough for the speed and professionalism you have shown in dealing with my issue . The way you handled the transaction was very reassuring.