It has been the law for a long time that an employer’s actions or inactions may be so bad that an affected employee can treat the act, or failure to act, as an end to their employment. The employee’s resignation can be followed by a claim — normally at an employment tribunal — for compensation. […]
On June 3, 2013 the law that created a New Voluntary Disclosure Program (“New Voluntary Disclosure Program”) and the creation of three new financial instruments designed to funnel the assets disclosed under the New Voluntary Disclosure Program was enacted. We believe the initiative is positive. 1. Voluntary Disclosure Program. We will develop firstly the New […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Jean-François Richard of Altra Law. Jean-François has joined IR as our exclusive Tax (Law) Member in Belgium. Jean-François has been specializing in tax law since 1993. In 1998, he became tax partner in the Belgian law firm Tossens & Prioux and […]
The Changes Come 6 April 2014 Part 3 of the Tribunal Courts and Enforcement Act will come into force and landlords will no longer be able to exercise the right of distress to enter their tenant’s premises and seize goods. In its place will come Commercial Rent Arrears Recovery (CRAR). Most of the salient […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Francesco Avella of Francesco Avella. Francesco has joined IR as our exclusive Tax Law Member in Italy. Francesco has been practicing as a tax advisor in both national and international tax law in a leading Italian tax law firm since 2004. […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Lolade Ososami of Abraham & Co. Lolade has joined IR as our exclusive Tax (Law) Member in Nigeria. Lolade Ososami is a leading tax solicitor in Lagos, Nigeria. Her areas of specialization include corporate tax, oil and gas taxation and international […]
As part of an investment or re-structuring, many companies will want to reorganise their share capital and end up with classes of shares of greater or lesser denominations. The “original” shares may then need to be removed from the equation, and unfortunately shares cannot just vanish into thin air. There are various ways to deal […]
The hidden trap and cost – Raising finance and choosing the best means of doing so remains a challenge for businesses. Low key and low value from friends and family does not usually create any additional compliance costs. However, in practice most businesses will have to cast their nets much wider when seeking to […]
The problem A lease may be forfeited and the landlord owed rent however under UK landlord and tenant law the landlord still has to proceed with care to avoid a claim. The typical situation is that a lease is forfeited or a tenant abandons premises or goes into liquidation and goods and belongings may […]
Date: 25 February 2014 Time: 8.30am start for 10.30am finish Venue: Royal College of Paediatrics and Child Health, 5 – 11 Theobalds Road, London WC1X 8SH What you will get out of this seminar: Gannons is hosting a seminar aimed at anyone considering selling their business. It will consider options for sale and how […]
Why are warranties in a UK agreement to buy a business important? The answer is: if the seller provides warranties to a buyer, this reduces the inherent risk in an acquisition. Warranties in business sales are contractual statements as to the condition of the target business. Their importance is underlined by the fact that when […]
Most directors and senior staff in the UK are familiar with restrictive covenants, which generally prevent the employee from competing, or seeking to poach clients for a period after the employment terminates. These restrictive covenants can be enforced by an injunction but, crucially, only in so far as they go no further than is reasonably […]