Business NEWS Crucial to prepare for the future, say legal experts A lot of businesses are run as a partnership – and a
partnership will dissolve
North Wales-based legal specialist says it is “crucial” for
on the death of any
partners to have plans in place for the future. Jennifer
partner. The partnership
Edwards (pictured), a corporate and commercial lawyer
agreement should also
at Lanyon Bowdler in Conwy, said succession planning
be used to clearly set
was a vital consideration, whether you are setting up a
out what should happen
new partnership or already in partnership but without
to an individual’s share
documenting your intentions. “If you are operating as a
of the partnership on
partnership, firstly check whether you have a written
death – is it to be left
partnership agreement in place,” she explained. “It is
to another partner as a
important to have a written agreement rather than relying
gift, or will the other partners have an option to purchase
on verbal arrangements or past practice to determine how
the deceased partners’ share? This should be considered
the business is run. Many people don’t realise that in the
alongside your Will and the two documents should reflect
absence of a written agreement providing otherwise, the
the same wishes.”
Rydal Penrhos hosts cricket coaching event
New development for Colwyn Bay
Rydal Penrhos’ incredible sporting facilities have regularly hosted Welsh youth cricket internationals in recent years, and the school was
A rapidly-growing North Wales builder
thrilled to host a special coaching
has started work on a £25 million scheme
event on Saturday 13th November
to build over 100 new homes in Colwyn
in partnership with Cricket Wales and Glamorgan County Cricket
Bay. Bamber Homes is a new division of
Club. The Coaching CPD Day ran from 10.00am – 5.00pm and covered
the Mochdre-based Brenig Group and has
a number of topics from the disciplines of batting, bowling, fielding
been formed to develop the company’s
and wicket-keeping to athletic development and talent identification.
private housebuilding projects. Their first
Among those attending the session was Matt Maynard MBE, a former
venture is on a 13-acre site on Queens
England international and Glamorgan star who has since gone on
Drive, Colwyn Bay, where they will build
to become a successful coach. He was joined at the event by Rich
a mixture of two- to five-bedroom houses
Almond (Head of Talent Development at Glamorgan Cricket Club),
and apartments on the former John
Aimee Rees and Matt Thompson, who is Head of Talent Pathway
Braddock and Mary Bamber convalescent
at Cricket Wales. The aim of the days were to provide coaches up
centre site. The plans include 14
and down the country with a refresher of technical, tactical and
executive-style apartments in the John
practical coaching content that can be applied throughout the Welsh
Braddock building, originally built as a
cricketing pathway, from club level, to regional cricket and County
luxurious mansion-style home for Lord
Age Group cricket.
Colwyn in the 1930s.
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