20 April 2006
Our client, a music publisher who is both resident and domiciled in Italy, wishes to sell his interest in the publishing rights to a catalogue of music through a UK registered limited company (not yet formed) in order to take advantage of a more buoyant market in London for this product. It is proposed to sell the catalogue to the company for £100,000 with a sales expectation of £400,000. Once the catalogue has been sold, there would be no further use for the company.
Readers' comments would be appreciated on the following points.
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