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June 02nd 2015

We have handled the multi-million pound sale of two Gloucestershire businesses, Window Widgets and Eclectic Systems, to investment group DW3 Products Group Limited.

The share buyback regulations introduced in 2013 relaxed certain Companies Act 2006 requirements that would otherwise apply when a company undertakes a buyback of its shares, explains company commercial partner Theresa Grech.

When a company commissions a third party such as a designer to create material, the third party owns the copyright in it, unless there are contractual provisions to the contrary. Often when design agencies undertake work a formal assignment of the copyright is overlooked.

Starting a business can be both challenging and rewarding but it requires careful planning, research and preparation.

A first tier tribunal has upheld a monetary penalty notice for £50,000 for failure to comply with the rules on unsolicited direct marketing calls, as set out in Regulation 21 of the Privacy and Electronic Communications Regulations 2003 (as amended).

Commercial contracts often contain what is known as a liquidated damages clause. 

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