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News

Litigation funders beware

Litigation is an expensive and risk-laden enterprise. It is not to be embarked upon lightly, especially having regard to the ever-increasing cost of access to justice.

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New Pre-Action Protocol for Debt Claims

On 1 October 2017, the Pre-action Protocol for Debt Claims came into force, which may have a potentially large impact on businesses owed monies by individuals.

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Leasehold loopholes to look out for

The subject of the UK’s ‘housing crisis’ is a firm favourite with the British press, and the media’s current scrutiny of ‘all matters housing’ has recently thrown a fairly obscure property law, intended to protect homeowners, into the spotlight.

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A new class of limited partnership for private funds

The Private Fund Limited Partnership (PFLP) is a new sub-category of limited partnership which came into existence earlier this year. It aims to reduce financial and administrative burdens on general partners/managers as well as providing greater legal certainty for limited partners.

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Where there’s a will, there’s a way

When thinking of making a will, the idea of a Victorian lawyer taking down the last instructions at the bedside still springs to mind for many people.

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Gender pay likely to stay in the spotlight

The BBC found itself in a media storm last month, following the publication of salaries paid to its highest-earning stars, which revealed that only one-third of its 96 top earners were women, and the top seven were all men. Since then, staff at the Financial Times have threatened to strike over the paper’s reported 13% per cent gender pay gap.

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Insight

Understanding the Roles of Executors and Trustees

When making a will, you place significant trust in those appointed to carry out your wishes. Executors and trustees are key roles, often held by the same people, but their responsibilities differ. Understanding these roles and their obligations helps you make informed decisions when planning your estate or taking on either position.

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Assigning or Subletting a Commercial Lease: What Tenants Need to Know

This article explains the key differences between assignment and subletting, outlines the legal framework in England and Wales, and highlights the practical issues tenants should consider before taking action.

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Completion and post-completion steps in a sale: Final steps for sellers

A guide to completion and post completion steps in a corporate sale including exchange, stamp duty, Companies House filings and key administrative requirements.

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How to protect your brand: A beginner’s guide

Trademark protection for businesses explained, including how to register a trademark in England and Wales and the key steps to protect your brand.

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Inheritance Act claims and letters of wishes: Managing risk in estate planning

This article explains who can bring a claim, the strict time limits involved, and the risks for executors and beneficiaries. It also explores how a carefully drafted Letter of Wishes can provide valuable context, demonstrate intention, and help reduce the likelihood of contentious probate proceedings.

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Transactional documents in a corporate sale: What sellers should know

Once due diligence is complete and terms are agreed, the focus turns to negotiating the transactional documents that underpin a share or asset sale. This guide explains the purpose of the key documents involved in business acquisitions and why careful drafting and negotiation are essential to achieving a smooth, dispute-free completion.

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