Given the current environment internationally where personal data is moved between countries with different rules, there’s always a tension between those companies that keep data in various different parts of the world…
Category: Uncategorised
Commercial Update 73: Noticing Notices
The service of notices clause in a contract is often the poor relation when being drafted and only looked at after the issue has arisen as to whether a notice…
Commercial Update 72: Are the Government Doing Anything About Fraud and Bounce Back Loans?
You all may be aware of a new act of parliament that came into law on 15 December 2021, being the Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Act 2021…
Nesting Arrangement – A Different Approach to Co-Parenting
The “Birds Nest Approach” or “Nesting arrangement” is a shared child arrangement that sees the children staying in the family home after the parents decide to separate. This sees the…
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…
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…
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…
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”)…
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…
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…
Commercial Update 67: Feeling The Squeeze in you Agreement?
This week, some thoughts around working with an arrangement where margins have shrunk dramatically, whether by rising on-costs (such as supply of materials etc) or where the underlying prices (predominantly…
The Commercial Rent (Coronavirus) Act 2022 – New Moratorium on Landlord Enforcement Action Now in Force
The Commercial Rent (Coronavirus) Act 2022 (CRCA) was enacted on 24 March 2022. The Act creates a new power enabling business tenants, who had to close their business due to…
