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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

Planning for the future: What to include in a UK shareholders’ agreement

A well-drafted agreement sets clear ground rules for how the company is run, how decisions are made, and what happens when circumstances change.

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Understanding Court of Protection applications in England and Wales

When someone can no longer make decisions for themselves and has not put a Lasting Power of Attorney in place, the Court of Protection can step in. This article explains what the Court of Protection does, when an application may be needed, and what the application process entails.

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Warranties and indemnities: Key protections in share and asset sales

An overview of warranties and indemnities in share and asset sales, explaining key differences, common protections, liability limits and risk allocation.

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Dilapidations explained: What commercial tenants and landlords need to know

Dilapidations are a common source of dispute at the end of a commercial lease. They can involve significant sums of money and often come as an unwelcome surprise to tenants who believed they had left a property in reasonable condition. Understanding what dilapidations cover and how claims are assessed is essential for both landlords and tenants navigating the end of a lease.

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The role of due diligence in corporate transactions

In corporate transactions, due diligence is a key stage that usually follows agreement of Heads of Terms, allowing the Buyer to investigate the target company or its assets before committing to the deal.

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Love in later life and the inheritance tax trap

Increasingly, lawyers are seeing couples who have chosen to live together rather than marry, sometimes for many years, without fully appreciating how differently the law treats them, particularly when it comes to inheritance tax and financial protection on death.

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