Category: For Businesses
Managing employment issues during the World Cup
Dealing with holiday requests during the World Cup The conciliation group Acas, says flexibility from both employers and employees during the tournament is key to a productive and engaged workforce. Acas advises employers to have agreements in place before the start of the World Cup regarding how they will deal with time off (especially where there... Read more »
It just got personal
For many self-employed people the attraction of setting up and trading through a limited company is that their personal affairs and the business affairs are kept separate. However when setting up a limited company and obtaining finance many directors find themselves being asked to sign a personal guarantee. Many sign that document without too much... Read more »
“Ah, I don’t need a Shareholders’ Agreement. Oh, maybe I did after all…”
A few years ago a longstanding client was embarking on a new business venture. When he asked me to help him set everything up, I advised that as he and his business partner would be trading through a limited company, they should have a Shareholders’ Agreement and a bespoke set of Articles for the company. “What will... Read more »
To sue or not to sue?
When it comes to debt, your automatic response might be to go full speed ahead, who wouldn’t? But with the level of commercial debt rising and court recovery reducing, the decision to sue is more critical than ever. Litigation is a vital tool in the debt recovery armoury, if used properly. By getting court proceedings... Read more »
How should a Director deal with a Statutory Demand served on their company?
One of the most serious documents a company director can receive is the service of a statutory demand. Whatever the director’s opinion is of the person serving the demand or of the debt being claimed action needs to be taken as a matter of urgency. The options open to the company to deal with demand... Read more »
What is a prohibited name?
Sometimes a company can fall into liquidation due to unforeseen circumstances, more often than not a customer or client can unexpectedly go bust and its failure to pay can lead to cash flow problems for you and ultimately your company going into liquidation. However if your company was well known and trusted in the market... Read more »
Disqualification of Directors
The case brought by the ‘The Pensions Regulator’ against Dominic Chappell concluded this week at Brighton Magistrates Court following a four day trial and seven hours of deliberation by the District Judge. Mr Chappell was convicted of three counts of failing to provide information to the regulator over a 10-month period. Sentencing has been adjourned... Read more »
Insolvency rise in the retail sector
In October 2017 it was widely reported that Personal insolvencies rose by 11% in the three months to September. This was up by 8% for the same period in 2016, the largest contributor to the increase was the record number, 15,523 individual voluntary agreements. There were also 6,274 debt relief orders for the same period. At... Read more »
Get your business finances in order for the New Year
With 2017 coming to an end it’s time to look forward to the coming year ahead. Although it is tempting to sit back and enjoy the quiet time, now is the perfect opportunity to look back at the last 12 months and set some business goals to achieve in 2018. Our Debt Recovery team has... Read more »
Data Subject Access Requests – Has the Court of Appeal Tipped the Balance Back in Favour of Employees?
The Court of Appeal’s decision on 16 February 2017 is good news for employees making a Data Subject Access Request (DSAR) to access their personal data but it is a disappointing blow for employers who will find that they must continue to respond to DSARs made by individuals whose main purpose is to obtain pre-action... Read more »