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What the law (s244) says about credit terms once a company has fallen into insolvency...
A heritable creditor is required to ‘take all reasonable steps to secure that the price at which all or any of the subjects are sold is the best that can be reasonably obtained’.
If defects appear in a building after completion, the developer or contractor may be liable to the owners of the building, in contract or negligence, for the cost of remedying that work.
As the property market has improved we have begun to see a small amount of speculative development returning.
In 1998 Mr Durkin returned a laptop to PC World. Little did he know that this would result, 16 years later, in the Supreme Court issuing a judgement on a financial loss claim.
One problem with keyword advertising is that keywords are often similar to trade marks and if you don’t get it right you can be dragged into costly infringement proceedings.
An employer that unreasonably takes disciplinary action against an employee may clearly be at risk of a claim for unfair dismissal. However, could they also face personal injury claims if the employee’s health suffers as a result?
In a recent appeal case — Wu v Hellard — the court confirmed that it can not order liquidators of a company to provide security for costs where the liquidator brings an action in his own name.
Do you think the recent changes to stamp duty that have delivered a progressive, rather than staged, approach result in a fairer tax on properties above £125,000?
Manchester is the ‘best example’ of any host city that has delivered a sporting legacy.
The latest move to improve the Scottish land registration system should be good news for insolvency sales. The new procedure of Advance Notices will modernise the system.
Late payment remains a major issue in the construction industry, according to a joint survey conducted by the National Specialist Contractors Council and the Federation of Master Builders.
Does an added requirement that a discretion be exercised in a commercially reasonable manner impose a greater burden on the decision-maker?
English insurance law is changing. Following recommendations of the Law Commission, a Bill was introduced in the House of Lords on 17 July 2014 and will now be rushed through before the next election.
Buried behind the headline changes to stamp duty on residential properties in the recent Autumn Statement were two key measures that will affect businesses.
As the ink dries on their signatures and the parties to a newly formed contract sip Champagne, rarely do they contemplate what happens when things go wrong.
Terminating a contractor’s employment under a building contract may sound like a simple thing to do and, all too often, parties assume that it is.
The risks and financial burden to employers of shared parental leave.
A recent case has highlighted that where an employee’s misconduct has been caused by a medical condition an employer may not necessarily be acting fairly when deciding to dismiss.
The Financial Conduct Authority (FCA) recently announced it was undertaking a credit card market study. Why so?