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Felicity McClintock

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October 01st 2015

The Consumer Rights Act 2015 came into force on 1 October 2015. There are some key changes such as enhanced consumer remedies which may make businesses have to adjust their trading practices in order to reduce the risk of incurring additional liability.

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

New regulations which came into force on 31 January 2015 have made it easier for companies and LLPs to choose or change their name.

Whether you are a small company with two, or a larger business with multiple shareholders, it is impossible to overstate the importance of having a properly drafted shareholders’ agreement.

Businesses should prepare themselves for yet more reform of consumer law in the UK, as the Consumer Rights Bill has received Royal Assent. The provisions of the Act are expected to come into force on 1 October 2015, with the exception of some provisions on secondary ticketing sales which is set for 26 May 2015.

Last year the government introduced the Small Business, Enterprise and Employment Bill which is designed to improve the legislative environment for small businesses and to enhance transparency of UK corporate ownership. It has now received Royal Assent explains partner Theresa Grech of our company commercial team.

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