31 Mar 2020
The AGM season is well under way for many businesses, but recent restrictions on group gatherings, and the UK 'lockdown' as a result of COVID-19 is posing difficulties for meetings to be held as planned. Businesses may find themselves in a position where holding an AGM is no longer possible…
Corporate
26 Mar 2020
In response to the COVID-19 public health crisis, HMRC have now imposed measures to stop the spreading of the virus. HMRC have currently suspended the stamping of stock transfer forms along with the payment of stamp duty by post. Stock transfer forms should now be in the form of an electronic…
Corporate
25 Mar 2020
The coronavirus outbreak has produced a lot of government action targeted at keeping infections down and that has in turn affected a lot of organisations, their contracts with each other and their plans for future procurement. For buyers subject to the Public Contracts Regulations 2015 (PCR) or the…
Corporate
19 Mar 2020
The ever changing circumstances and consequential advice relating to public health and COVID-19 may have adverse impacts on ongoing business transactions, in particular relating to warranties that are provided for in sale and purchase agreements. A warranty is typically provided by the seller to…
Corporate
18 Mar 2020
This last week has perhaps been the most uncertain, worrying and troublesome time of recent generations for all business owners, however none more so that those within the leisure and tourism industry. With most major airlines facing the grounding of all flights, holiday companies facing mass…
Corporate
18 Mar 2020
Following recent Government advice, Companies House have announced further changes to their filing systems to help maintain their services to businesses. Typically every business must annually send accounts, confirmation statements and reports to Companies House. If a company's accounts are…
Corporate
18 Mar 2020
With more alarming updates coming from the government daily, in these times of uncertainty, many businesses may be looking to their accountants for advice on how to best protect their assets. One thing that businesses can do is to look to restructure; setting up a holding company, undertaking a…
Corporate
28 Nov 2019
The following case serves an important reminder of strict compliance with contractual notice provisions and the significant repercussions of failing to draft them accurately. Stobart Group Limited and another v William Stobart and another (2019) In March 2008, Stobart Group Limited (SGL)…
Corporate
28 Nov 2019
The following case serves as an important reminder of the importance of providing certainty within agreements and displays the perils of leaving the option to agree terms at a later date. Morris v Swanton Care & Community Limited (2018) In November 2009, Mr Morris (Claimant) and his…
Corporate
26 Nov 2019
An in-specie contribution is a viable alternative to transferring cash into a pension scheme, and can include assets such as property or shares. Dangers can arise where the shares held in the pension scheme are bought back by the company for cash. Private limited companies can make use of a…
Corporate
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