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Corporate & commercial

Requirements for reporting on payment practices for large companies and LLPs

Large companies and large limited liability partnerships (LLPs) are now required to report on their payment practices and policies in relation to certain specified contracts, according to The Reporting on […]

New regulations surrounding changes to PSC registers

Since 6 April 2016, companies and LLPs have needed to keep a register of individuals or legal entities that have significant control over them. This is known as a PSC […]

What kind of ‘endeavours’ should one agree to?

Obligations set out in a contract are normally absolute and failure to satisfy an obligation will be a breach of contract. The parties to a contract may therefore want to […]

Pitfalls of ‘agreements to agree’ – why it pays to be specific

In order to create a legally binding contract, the terms agreed between the parties to an agreement must be sufficiently certain. Sometimes, contracts are written in which particular terms are […]

Selling a business? Don’t ignore these legal considerations

Selling a business can be a complex and nuanced undertaking and it is advisable to enlist help from professionals, such as solicitors and accountants, to enhance your chances of a […]

Legal changes businesses can expect in 2017

2017 will herald a new era for the UK with Article 50 of the European Union Treaty expected to be triggered at the end of March. (The government still intends […]

Share purchase agreements – when is a warranty a representation?

When buying or selling company shares, the share purchase agreement (SPA) will contain extensive warranties and representations about the company which the seller will make to the buyer. A breach […]

Trade secrets directive

Earlier this year we reported that the European Council had formally adopted a draft directive for the protection of trade secrets across the EU (the Directive). It came into force […]

Focus on large companies that don’t pay their suppliers on time

The Small Business, Enterprise and Employment Act 2015 has received a fair amount of media attention as it introduces many changes on how companies are run. There is however one […]

Lips are sealed

In November 2013, the European Commission proposed a draft directive for the protection of trade secrets (‘the directive’). The European Parliament voted to adopt the directive with no further amendments […]

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