Briefing Notes

This briefing note is designed to give some practical guidance to non-executive directors of UK private companies. Traditionally, non-executive directors have been appointed to the boards of UK public companies.  Their role is typically supervisory and...

Easements which have not been properly investigated or understood have the capacity to sterilise development of land.  This note explains briefly what easements are, examines why they might be important to a developer and considers what can be done...

The law and related guidance relevant to employers when dealing with the coronavirus outbreak is constantly changing. These are fast-moving and unprecedented times, and many employers are left wondering how to manage their workforce in the face of this...

A company’s articles of association ( articles ) are a set of rules which govern the internal affairs of the company and form the basis of a statutory contract between the shareholders of a company and the company itself. Every company must have a set...

It is unlikely to have escaped your attention that LIBOR, the “London interbank offered rate” which appears as a base benchmark rate in countless corporate loans, is living on borrowed time.  LIBOR will disappear at the end of 2021 and most...

In light of the financially fragile state some businesses are finding themselves in as result of COVID-19, we discuss in this briefing note when – if ever – payments or other benefits can be given to some creditors but not others, and when such...

Advice and guidance for separated parents For separated parents the current lockdown is understandably problematic and the government guidance on staying at home raises questions for children who spend time across more than one home. Over the last few weeks...

The Commercial Agents (Council Directive) Regulations 1993 The Regulations implement the European Community Directive on self-employed commercial agents. They impose significant obligations on principals concerning commission, minimum termination notices,...

The Consumer Rights Act 2015 applies to contracts with consumers for the sale of goods, digital content and services concluded on or after 1 October 2015. In this briefing note, we highlight some of the key features of the Act. Summary The Act consists of...

The COVID-19 pandemic has had a wide ranging impact on virtually every aspect of life, including immigration matters.  We have set out below some of the key issues for businesses and individuals to consider in relation to immigration applications and...

On 20 May 2020, the Corporate Insolvency & Governance Bill 2019-2021 was introduced to Parliament. With the Bill slated to be fast-tracked into law, here are some of the key insolvency aspects to be aware of.   Why now? Consultations were...

Many privately-owned companies with a small number of founder or other significant shareholders put in place a shareholders agreement and dovetailed articles of association. These help to ensure that the company is run in an orderly manner and the rights of...

    This guide provides directors of UK incorporated companies with a general overview of the statutory and other duties and obligations which should be complied with in that role. Additional duties will be applicable to directors of listed...

EU Directive 2016/1148 (the “Directive”) was introduced with a view to establishing a secure and consistent cyber security framework within Europe. The Network and Information Systems Regulations 2018 (the “Regulations”) subsequently...

Background The Privacy and Electronic Communications (EC Directive) Regulations 2003 (“Regulations”) implemented the provisions of Directive 2002/58/EC concerning the processing of personal data and the protection of privacy in the electronic...

The due diligence and disclosure exercises are a critical part of most M&A transactions, involving the compiling and transferring of significant amounts of information about the target business and its employees. Data protection issues need to be...

This article, written by Beverley Flynn, first featured on 12 February 2010 in Building magazine Data Protection may not appear a core priority for construction businesses, yet to ignore it creates a risk. The recent high profile prosecution of businessman...

Before the introduction of the statutory duties in the Companies Act 2006 (the “Act”), directors' general duties were based in common law; that is to say that they were developed by the courts through case law.  These common law duties...

What is a director’s conflict of interest? The Companies Act 2006 introduced a number of duties to which all company directors are subject.  In particular, some of the statutory duties relate to conflicts of interest that directors may face in...

If a company is insolvent or in danger of becoming insolvent, it is essential that directors are aware of the duties they owe to creditors, and of the things they should and should not do. It is important to note that, in certain circumstances, personal...

This guide provides directors of UK incorporated companies with a general overview of the statutory and other duties and obligations which should be complied with in that role. We also offer practical guidance on safeguarding directors from personal...

Your prospective buyer or investor will want to ensure that the target business which they are looking to buy or invest in is worth the price they are proposing to pay.  In addition to financial, commercial and tax due diligence, it is therefore likely...

It is easy to underestimate the role of the company secretary.  Whilst not having the range of responsibilities and duties of directors, a company secretary, as chief administrative officer, has important tasks delegated to him or her and may be liable...

The extraordinary disruption to UK business caused by the COVID-19 lockdown has spawned much discussion about changes to existing insolvency laws to help businesses which are struggling to survive in this abnormal environment. One topic of discussion has...

The present COVID-19 outbreak brings with it a great deal of uncertainty about the future.  We understand that at this time many clients will want to make sure that their own affairs are in good order: thinking about tax and succession planning, perhaps...

1. The agreement is a simple contract under hand – how does the company execute? By an individual signing (including electronic signing) on behalf of the company, provided that the individual has express or implied authority (section 43(1)(b) of the...

We set out in this briefing, a summary of the key points in the Guidance together with some key outstanding questions.

The European General Data Protection Regulation (the “Regulation”) came into force on 25 May 2018, replacing Directive 95/46/EC (the “Directive”).  The Data Protection Act 2018 (“DPA 2018”) supplements the Regulation...

The European General Data Protection Regulation (the “Regulation”) came into force in all EU Member States on 25 May 2018, replacing the Directive 95/46/EC (the “Directive”). The Data Protection Act 2018 (“DPA 2018”)...

Unpaid suppliers of goods and suppliers of services have a statutory right to claim interest on overdue debts and compensation for late payment under the Late Payment of Commercial Debts (Interest) Act 1998 (as amended by various subsequent regulations)...