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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.
Gateley (Holdings) plc has announced its intention to launch an initial public offering and application for admission of its ordinary shares to trading on AIM.
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...
Was the dismissal of Liverpool’s mayor fair, when he didn’t carry out any of his day-job duties but was still entitled to be paid?
Courts will only imply a duty of good faith into a commercial contract in very limited circumstances so if the parties intend it to contain such a duty it should be expressly set out.
The decision of the Employment Appeal Tribunal in the Woolworths and Ethel Austin cases introduced an alternative interpretation to the meaning of ‘one establishment’.
If a name is included on the form and the individual does not have a genuine conflict of interest the decision could be unenforceable.
Tracksuits on, as judge grants review of status that could see bridge organisation reclaim VAT on entry fees.
Landlords: do you carry out works on the basis that your tenants have to reimburse you for the costs? If you do, you may well come a cropper.
Before you issue shares, think, what are the consequences? In this blog post Gateley looks at some of the things to consider when issuing shares.