This is your Last chance to secure your place at the Gannons Technology & Intellectual Property seminar. Gannons are bringing together respected professionals from both legal and commercial technology sectors. Our seminar will cover: Tech and Software: Discover how businesses can and should navigate, embrace and compete with the deluge of disruptive technologies affecting their status quo. […]
The Business Advisory & Regulatory Compliance Unit of DCSL Corporate Service Limited provides advisory services with respect to corporate set-up, appropriate legal form and structure, as well as statutory and regulatory compliance matters having significant impact on businesses. Some of the services offered by the Unit include; Business Advisory Investment & Corporate Structure Advisory Recognizing […]
Shareholder deadlock is common: a company with two directors and shareholders, each owning 50%, cannot agree at board or shareholder level. No decisions can be made. In the legal sense, the company is “deadlocked”. Shareholder agreements and articles of association rarely cover deadlock. The scenario is common. Two talented individuals pool skills and resources to […]
The vulnerabilities of so called ‘micro businesses’ are being addressed under government plans to protect, and better equip micro businesses in the market place. The proposals follow responses to a consultation by the previous government in supporting and protecting micro businesses that buy goods and services from other businesses in non-regulated sectors. The vulnerabilities of […]
The biggest ever fine has been imposed by the Information Commissioner’s Office (ICO) on a lead generation firm that made more than 46m nuisance calls. Nuisance calls are increasingly a matter of significant public concern. The biggest ever fine has been imposed by the Information Commissioner’s Office (ICO) on a lead generation firm that made […]
Even if you are on the receiving end of a breach of contract and breach of trust you must be careful before considering the contract at a end. If you get it wrong – you could be the one found in breach! Fiduciary Duties A relationship where the law recognises that a party owes fiduciary […]
In our last article in AI magazine (February edition) we talked about the impact of disputes in the franchising context and how to minimise the risk of claims being made against you. In this article, we focus on clauses to include in your franchise agreement to best protect both parties should a dispute arise. In […]
Centrax share sale of its subsidiary Centrax Turbine Components Limited to MB Aerospace Holdings Limited Ashfords advised Centrax Industries Limited on the share sale of its subsidiary, Centrax Turbine Components Limited (“CTCL“),with its 430 employee / >£40M turnover turbine components businessto Scottish based MB Aerospace Holdings Limited, majority owned by the Blackstone Group, for an […]
Simon Rous and Jane Ireland, Corporate Partners at Ashfords LLP, recently advised the shareholders of Stovax Heating Group Limited on the second tranche share transfer to NIBE Industrier AB, an international technology company creating sustainable energy solutions’ based in Sweden. The Stovax Group is the UK’s largest stove and fireplace producer. The group manufactures and […]
On-line reporting via the HMRC portal of transactions with your employees or directors involving shares or options is compulsory. Employers who do not report will face penalties and could face getting their schemes disqualified from tax advantages. Old style paper returns are not accepted by HMRC. The deadline for submission of tax returns reporting share […]
VAT Reverse Charge Mechanism to apply to Certain Wholesale Supplies from 1st February 2016 Certain UK clients have asked me to explain the VAT rule changes for UK wholesale telecommunications supplies, and hopefully this blog will do that. From 1st February 2016, providers of wholesale telecommunications services in the UK will no longer apply VAT […]
Personal Use by Employees of Employer Systems: Mr Bogdan Barbulescu vs the State of Romania Mr Barbulescu used certain business systems to send personal messages in breach of his employer’s stated Policy in this regard. The Employer monitored employee communications to ensure compliance with its Policy. Mr Barbelescu was found to have been in breach […]