What Should Shareholders Do When Treated With Unfair Prejudice

What Should Shareholders Do When Treated With Unfair Prejudice

What is unfair prejudice? Prejudice is an attitude or opinion formed without adequate knowledge or justification. Unfair prejudice is a term used in the Companies Act 2006 to describe a situation where a company’s shareholders are treated unfairly, or their rights are breached by the company’s actions.

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Employment Policies: Protecting Your Business and Employees

Employment Policies: Protecting Your Business and Employees

Despite the fact that very few are legally required in the UK, employment policies can play an important role in defining your mission and communicating “how work gets done here”. They can help to protect the interests of both the business and employees, as well as provide a consistent employee experience and….

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Selling Your Business In The UK

Selling your business in the UK

If you are considering selling your business in the UK, there are several legal aspects you should consider before completing the sale. As a potential seller, it’s important to understand exactly what you are getting into if you want to make sure the process goes as smoothly as possible.

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Important Tax Dates For 2022/23

Important Tax Dates For 2022/23

Wednesday 6 April marked the first day of the new tax year, and with it, a host of new tax dates (deadlines) for you to keep in your calendar as a business owner. Here is a brief summary of what you need to do and when, so you can plan, stay compliant and avoid any unnecessary penalties.

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Directors and Officers Liability Insurance Policy Recoveries in Insolvency

Directors and Officers Liability Insurance Policy Recoveries in Insolvency

As an insolvency practitioner, it is important to understand the potential value of a Directors and Officers Liability Insurance, and how to best leverage it for the benefit of the insolvent estate. If properly managed, claims under these policies can prove to a significant source of recovery capable of realisation or assignment.

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Private Capital Could Help Drive SMEs Forward on the Road to Recovery

Private Capital Could Help Drive SMEs Forward on the Road to Recovery

Tough challenges remain on the horizon for many UK SMEs after two years of Covid-19. Although we now seem to be at the ‘beginning of the end’ of the pandemic, the financial strains on small and medium-sized enterprises are likely to remain, not least because government-backed business interruption loans are yesterday’s news.

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Second letter to overseas entities who own or lease property or land in the UK

Second letter to overseas entities who own or lease property or land in the UK

According to land registry data, you may own or lease property or land in the UK as an overseas entity. You still need to register if you disposed of your property or land after 28 February 2022, if your property or land has not been registered with the land registry yet, or if your entity is based in a Crown Dependency or Overseas Territory.

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Welcoming Hannah Starling to the Partnership

Welcoming Hannah Starling to the Partnership

Hannah specialities in corporate and commercial matters. As a partner, she advises a variety of clients including owner-managed businesses and private individuals. Hannah works closely with clients to achieve their goals in an efficient and pragmatic way and to bring corporate transactions to a timely, satisfactory completion.

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The Rule In West Mercia

The Rule In West Mercia

The Supreme court handed down its long-awaited judgment in BTI 2014 LLC v Sequana SA on 5 October 2022 (the rule in West Mercia) where it affirmed the existence of directors’ Creditor Duty. Since 1988, the Court of Appeal rulings in West Mercia Safetywear Ltd (in liq) v Dodd [1988] BCLC 250 (popularly known as ‘the rule in West Mercia’)

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Five unexpected ways inflation could affect construction

Five unexpected ways inflation could affect construction

The Office for National Statistics (ONS) last week revealed that consumer price inflation had hit 9 per cent in the year to April, while the Bank of England warned the cost of living was expected to rise further this year. Climbing prices are nothing new to the construction industry. Bills for building materials rose in 11 of the 12 months of 2021….

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