Category: For Businesses
Re-use of a prohibited name – A warning for Directors
Re-use of a Prohibited Name leads to automatic liability under section 217 Insolvency Act 1986 Subject to certain exceptions, a director of a company that has entered into an insolvent liquidation is restricted from being involved in the management of a company with the same, or similar name to the company that entered liquidation. This... Read more »
Directors cannot re-write history
Directors of companies need to keep the above statement in mind following the decision in Bass v Buchanan [2021] EWHC 2740 (Ch). Following the company entering into a Creditors’ Voluntary Liquidation in December 2014 the liquidators conducted a review of the books and records of the company and brought proceedings against the director in relation... Read more »
What happens when your company does not bounce back after receiving the Bounce Back Loan?
In early 2020 when the Coronavirus Pandemic hit the UK the Government brought in a series of measures to help businesses survive. One key measure was the Bounce Back Loan Scheme. The scheme was introduced in March 2020 allowing small and medium businesses to borrow up to 25% of annual turnover, capped at a maximum... Read more »
Winding Up Petitions – The new provisions
As part of the Government’s loosening of the legislation introduced as a result of the coronavirus pandemic, the temporary provisions put in place to give breathing space to companies from the threat of a winding up petition expire 30 September 2021. These provisions were within the Corporate Insolvency and Governance Act 2020 (“CIGA”) and designed... Read more »
Business Disputes
Hopefully on a day-to-day business, your business has few – if any – ongoing or threatened disputes. However they can erupt suddenly and in any area of your business. But did you know that taking sound legal advice at an early stage can be invaluable? Not only can it prevent an issue becoming a full-blown... Read more »
Anti-Slavery Statement – Does your business need to publish a statement?
The UK government is keen to strengthen its measures under the Modern Slavery Act 2015 (MSA 2015) to ensure that modern slavery is not taking place in the UK and those areas where all UK-related businesses are concerned worldwide. These include body corporates and partnerships where their business (or part of their business) supply goods... Read more »
Your questions answered on the UK GDPR & Data Protection issues
The UK left the EU and the transitional period ended on 31 December 2020. The GDPR was incorporated into UK data protection law (such as the Data Protection Act 2018) as the “UK GDPR” before the UK left the EU. There is little change to the core data protection law in the UK before and... Read more »
Subject Access Requests from employees
As an employer, there are many occasions when it’s advisable to keep written notes, either by hand in a notebook, or in a follow up email. Written notes can avoid doubt about what was agreed at the time and provide easy reference for any subsequent conversations or actions. What are subject access requests? In terms... Read more »
Complimentary Company Legal Health Check
Be in the best position to face the challenges of the years ahead. A quick health check now can help to prioritise any areas that need attention and make sure that you are in the best shape to meet your company’s growth targets. A complimentary legal check will be an hour well spent to get... Read more »
Thinking of doing business with a Japanese company? Quick guide to Japanese business etiquette
The news that the UK and Japan signed a trade agreement in October 2020 is something we should celebrate more, and we should look out to see how we could benefit from it from 2021. Having been born, raised and worked in Japan up until my late twenties, and working in England for some twenty-odd... Read more »