News

18 May

Nesting Arrangement – A Different Approach to Co-Parenting

The “Birds Nest Approach” or “Nesting arrangement” is a shared custody arrangement that sees the children staying in the family home after the parents decide to separate. This sees the parents moving around the children rather than the usual arrangement of moving the children between houses. This is usually used as a short-term solution while… Read More »

18 May

Succession Planning for Sole Traders

It is of vital importance for everyone to ensure that they have planned for their future. Where a business is involved, consideration should also be given to understanding the importance of succession planning and how it affects one’s business. A solid succession plan cannot only assist your loved ones upon your passing, but can also… Read More »

18 May

Succession Planning for Sole Traders

It is of vital importance for everyone to ensure that they have planned for their future. Where a business is involved, consideration should also be given to understanding the importance of succession planning and how it affects one’s business. A solid succession plan cannot only assist your loved ones upon your passing, but can also… Read More »

13 May

Commercial Update 71: Company Secretaries – Do We Really Need One?

As you may all know, since 6 April 2008, the Companies Act 2006 (CA) no longer requires any private limited companies to have to appoint a company secretary, unless the company’s articles of association state otherwise. So, what is the point of the role? The starting point is back to the CA, which sets out… Read More »

10 May

The Bank of Mum and Dad Assisting with Property Purchases

As a result of high rental costs and soaring property prices, more parents are dipping into savings or releasing capital from their own property to support the next generation. Research by Legal & General estimates that one in every two first time buyers under 35 years old received financial support from the Bank of Mum and Dad… Read More »

05 May

Commercial Update 70 – Directors & Addresses – Be Careful…

The recent case of Farrer & Co LLP v Meyer caught our eye this week. This was where the High Court confirmed that section 1140 of the Companies Act 2006 (“section 1140”) enables documents to be served on a director at the address registered for them at Companies House despite the director residing out of… Read More »

22 Apr

Commercial Update 69: Don’t Forget E-Signing

Electronic signatures or e-signatures are a valid and legally binding way to obtain approval for electronic documents. Such signatures are secure and verifiable, with the benefit that they can replace handwritten signatures in almost any process, creating a more efficient way to speed up the process of acceptance in contract, as well as terms and… Read More »

08 Apr

Commercial Update 68: Warning on Articles for Sole Director Companies

This week, some context on a couple of recent cases regarding the articles of association (Articles) of a company. The case in question was Re Fore Fitness Investments Holdings Ltd. It concerned an unfair prejudice petition by a shareholder of a company and more particularly whether the company had validly served notice of a counterclaim… Read More »

06 Apr

No Fault Divorce Comes Into Force

No-fault divorce comes into effect in England and Wales today (6 April 2022). As of this date, persons petitioning for divorce or civil partnership dissolution will no longer need to prove necessary grounds. This reform stops the need for couples who are separating to allocate blame for the breakdown of their marriage, helping them to… Read More »