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.
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….
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.
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.
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.
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.
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.
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.
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’)
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….
