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If a lender becomes aware of an event of default under a loan agreement, prompt action should be taken by the lender in order to protect its position.
Jack Warner and his buddies were not the only sporting figures being accused of corruption this week.
On 26 May 2015 rules banning exclusivity clauses in zero-hours contracts came into force. But up until now no actual statutory definition of what a zero-hours contract even is.
Gateley offers a number of key points that need to be considered when looking to put an indemnity policy in place.
Part of the Government’s Red Tape Challenge.
Key indicators to consider when trying to assess the value of IP rights...
Employment law without the rights and obligations derived from EU Directives would make it a very different world of work...
Remember that professional indemnity insurance policies will not cover fitness for purpose obligations.
In property transactions a deposit is usually paid by the buyer. In the event that the buyer does not complete its purchase the seller is usually able to keep the deposit and any interest accrued on it.
Encourage shareholders to surrender their shares to avoid costly court payments.
For the first time, a court has permitted a trustee to tell a bankrupt of bankruptcy proceedings by posting on their Facebook page.
An assignment of rights can be legal or equitable. The difference explained.
If a letter of demand does not elicit payment, other options can be explored.
The annual report is an opportunity to communicate with stakeholders, and good practice brings benefits.
Describes the law that applies to the whole construction process, and what each dutyholder must or should do to comply.
Automatic moratorium protection is a cornerstone of the administration regime.
High Court clarifies the approach to be taken when applying for a validation order.
British Business Bank’s guarantee scheme is open to all who lend to smaller UK businesses.
Just 16% expect their personal finances to get worse in the next six months.
The message from the courts is crystal clear – 100% compliance or no effective break...