Selling your business? Essential do’s & don’ts for the early stages

Selling your business?  Essential do’s & don’ts for the early stages
Whether you have received an unsolicited invitation to sell your business, or if a sale is part of your own carefully thought out plan, a successful sale will be heavily defined by events in the early stages. Our advice to business owners is always to hold your nerve, follow these important do's and don'ts, and seek specialist advice. Do take advic...
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93 Hits

Party Wall Act 1996 – the terminology

Party Wall Act 1996 – the terminology
When it comes to litigation, sometimes it is hard to identify exactly what it all means. The Party Wall Act 1996 is national legislation providing a framework to enable neighbours who share a boundary to carry out building works. ​ Below we explain some of the legal terminology used, including the key 'Sections' of the Act that you need to take not...
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221 Hits

All you need to know about the Party Wall Act 1996

All you need to know about the Party Wall Act 1996
London has been the subject of Party Wall Legislation for a considerable period of time with specific legislation dating from the Great Fire of London in 1666! The extent of rebuilding required after the Great Fire was enormous. Building owners needed to cut in to neighbouring buildings for support in order to rebuild and so the first legislation w...
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197 Hits

What Factors make my Divorce International?

What Factors make my Divorce International?
A number of factors can give rise to there being an international element to your divorce and it is important to consider these upon separation as they often provide an extra level of complication. If any of the below apply to your situation you may have an International Divorce: You or your spouse are a national of another country or have dual nat...
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154 Hits

Company Articles of Association – FAQs

Company Articles of Association – FAQs
What are a Company's Articles of Association? This document, along with the typically smaller and more specific Memorandum of Association, is the Company's constitutional document. It is the rule book for the Company and governs most aspects of the Company's operations, extending to such matters as the conduct of directors, decision taking, voting,...
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359 Hits

Business and Property Courts - Pilot Disclosure Scheme

Business and Property Courts - Pilot Disclosure Scheme
On 1 January 2019 a new disclosure regime was launched for  any matters in the Business and Property Courts. This is set out in CPR51(u) and aims to bring the process up-to-date and encourage greater efficiency. The primary CPR Rule dealing with disclosure is CPR31. This applies to all multi-track cases apart from personal injur...
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255 Hits

Commonhold Ownership - The Basics

Commonhold Ownership - The basics
All property in England and Wales is owned on either a freehold basis or a leasehold basis. Flats are almost universally sold as leasehold property. In 2002 commonhold was introduced to enable the freehold ownership of flats. However, since 2002 fewer than 20 commonholds have been created. So what exactly is it? Freehold is ownership that...
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1457 Hits

Personal Representatives v Beneficiaries; Home Improvements

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Where a Personal Representative (PR) is required to administer an Estate which includes a property in poor condition, can the PR make improvements to the property in the hope that a higher sale price can be achieved and does the PR need the consent of the beneficiaries to spend money to achieve this? PR's duties One of many duties of a PR is to ide...
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1421 Hits

Rights Of Light And Development Of Land

Rights Of Light And Development Of Land
A right of light is the ability to enjoy the natural light that passes over land belonging to another, such as a neighbouring property, through the windows, sky lights and glass roofs in or on a property - often referred to as apertures. There is no automatic right to light but, if established, this right entitles a person to receive sufficient nat...
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1467 Hits

Forfeiture of a Commercial Lease – Is It Right For Me?

Forfeiture of a Commercial Lease – Is It Right For Me?
If a tenant breaches the conditions of a commercial lease the landlord is entitled to take legal action against the tenant if the lease permits. Forfeiture is the ultimate remedy available – but which way? Peaceable re-entry or Court proceeding? ​Forfeiture meaning - What is forfeiture of a lease? Forfeiture is essentially the legal remedy whe...
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1369 Hits

Holding the Seller and Buyer Each to Their Word – Exclusivity Agreements

Holding the Seller and Buyer Each to Their Word – Exclusivity Agreements
Have you tried to purchase a property and found yourself in a situation where you have been outbid or 'gazumped'? Or have you tried to sell a property, and found yourself in a situation where a purchaser pulls out during the transaction? The remedy to the above may be found in an exclusivity agreement between a seller and a buyer. Whilst this is no...
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1330 Hits

Negotiating an executive severance package

Negotiating an executive severance package
If you need to part company with a director, for the good of the business, it may not be appropriate to follow your disciplinary procedure. Our Employment Law team look at your options. Alex Pearce, an employment law specialist at Pinney Talfourd in Essex, looks at the issues you should consider, especially if you need to achieve a quick exit with ...
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1773 Hits

The A – Z of divorce and finances

The A – Z of Divorce and finances
A lternative Dispute Resolution – no one wants to go to court to have a Judge decide on the division of their assets.There are other options to court including negotiation, arbitration, collaborative and mediation B ury St Edmunds – this is our "local" divorce centre following the centralisation of the family courts.Last year Bury dealt with over 4...
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421 Hits

Funding for divorce, dissolution and financial remedy cases

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​Divorce and dissolution represent periods in people's lives when they face many fundamental changes.  The cost of that process is very often a factor that must be considered carefully at the outset, not least when the separation is difficult and does not involve agreement with the other spouse. There are a number of options available to a per...
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278 Hits

Lasting Powers of Attorney and health care decisions

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A Lasting Power of Attorney (LPA) is a legal document that enables a person to appoint someone (an Attorney) to help make decisions relating to a person's property and financial affairs in the event that person becomes unable make those decisions themselves due to loss of mental capacity. ​ Whilst many people are familiar with an LPA in relation to...
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400 Hits

Executors Responsibilities

Executors Responsibilities
Anyone who has made a Will knows that it needs to contain an appointment of at least one Executor.  The role of an Executor is to administer your Estate when you pass away, wind up your general affairs and ultimately distribute your estate to the people you have chosen to benefit.  Whilst this brief outline makes this role sound straightf...
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487 Hits

How can Settlement Agreements benefit an employer?

How can Settlement Agreements benefit an Employer?
Settlement agreements are more and more widely utilised when settling disputes or grievances between employers and their employees. Settlement agreements can also be used to end the employment relationship, or after the employment relationship has ended - either before or after proceedings have been issued. But how do settlement agreements act...
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1509 Hits

What can you do if an employee owes you money?

What can You do if an Employee Owes You Money?
An employee can owe their employer money for a number of reasons – for example, if an employee has taken more holiday than they are entitled to, or if they have borrowed money from their employer. Even in cases where an employee has damaged property or stock by carelessness, under the Employment Rights Act 1996 , an employer cannot recover the cost...
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1182 Hits

In debt, indebted, or just want to know how to get your money?

In Debt, Indebted, or Just Want to Know How to Get Your Money?
A new Pre-Action Action Protocol for Debt Claims (the Debt Protocol) came into force on 1st October 2017. Subject to certain exceptions, the Protocol applies to any business, including sole traders and public bodies, claiming payment of a debt from an individual (including a sole trader).The Protocol does not apply though to business-to-business de...
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1200 Hits

Minimum Energy Efficiency Standards and Commercial Property

Minimum Energy Efficiency Standards and Commercial Property
Energy used to power non-domestic buildings in the UK accounts for 12% of the country's carbon emissions. It represents one of many challenges our government faces if we are to meet our legally binding carbon targets in 2025 and 2030 under the Paris agreement or, further, the government's previously pledged (but not yet binding) target to reduce ou...
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480 Hits

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