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Company Pays Crushing Price for Failing to File its Accounts On Time

The consequences of a company being struck off the Companies House register – even temporarily for nothing more than an administrative failure – can be catastrophic. In a case on point, a company that suffered that fate sacrificed the profits it...

Reached an Important Agreement? Get a Lawyer to Record It in Writing

Agreements are frequently reached behind closed boardroom doors, but a failure to engage a professional to record them, contemporaneously and in writing, can cause serious problems down the line. That was certainly so in one case concerning the tax...

Hotel Under Duty to Protect Guests Against Third-Party Criminal Acts

Can businesses owe a duty to protect customers on their premises from the criminal acts of others? In a test case concerning a horrific attack on three hotel guests , the High Court has ruled that, in certain circumstances, the answer to that question is...

Lack of Due Diligence Gives Company Buyer Four Days in Court

When the sale of a company is taking place, it is usual for warranties to be given regarding how the company being sold has conducted its affairs prior to the sale. Making sure these are accurate is essential. In a recent case, the purchaser of a company...

Owner of Fire-Damaged Factory Triumphs in High Court Insurance Dispute

Almost all businesses are insured against fire damage but, when the worst happens, insurers are understandably anxious to make sure they do not pay out any more than they have to. That situation provides fertile ground for dispute, which was certainly so...

New Company Disclosure Requirements On the Way

The trend towards full disclosure and openness continues unabated in business, and new regulations are being mooted which will increase the amount of disclosure required of UK-registered companies regarding their principals. Currently, even the smallest...

Pension Trustees Owe No Duty of Care to Employer

Many directors of companies are also trustees of the company pension scheme. Sometimes, their duties as a director and as a scheme trustee can be difficult to reconcile. In a recent case, a company alleged that two directors who were trustees of the firm's...

Sale of Insolvent Company to Creditor Not Improper

Insolvencies are seldom happy periods for any of those involved and great care must be taken by those who deal with the insolvency proceedings to ensure they do their work in a way that correctly balances the interests of the creditors and the insolvent...

Data Protection Fees

On 25 May 2018, the Data Protection Act 2018 came into force, incorporating the EU General Data Protection Regulation, ushering in a new era of personal data regulation in the UK. At the same time, the Data Protection (Charges and Information)...

Debtors' Rights - High Court Takes to Task Bailiffs Who Overstepped the Mark

Judgments for debt would hardly be worth having if there were no bailiffs to enforce them. However, as a High Court ruling made clear , they have to abide by stringent rules and do not have carte blanche to trample on debtors' rights. The case concerned a...
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