Forbes Blog

Spice Up Your Trade Mark! – The Beckham Brand Keeps Growing

It has recently emerged that Victoria Beckham has registered her five year old daughter Harper’s name as a trademark in the UK and Europe, along with the names of her three sons. This move has attracted both criticism and comment towards Victoria, but the reality is that this is a smart commercial decision. Read more

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Duty Bound to Report Payment Practices: Larger Companies and LLPs Take Note

The Reporting on Payment Practices and Performance Regulations 2017 have very recently come into force. These regulations impose new duties for qualifying large companies and LLPs to comply with. Such qualifying companies must now publish a report detailing their payment practices in relation to “relevant” contracts. This information includes the company’s standard payment terms and periods, and any details of where these may vary. In addition, the report calls for details of payment performance – specifically the amount of days before payment is made, and details of how many payments are made over a period and when. Read more

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GDPR Countdown

With just over a year to go before the General Data Protection Regulation (GDPR) enters into force you may have started to think about how this impacts your business. A risk based approach is becoming more important because not only are you required to act within the law, you will be required to show how you are doing this in practice through policies and procedures. Read more

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Following In Jimmy’s Choos: The Rise Of Virtual General Meetings

The growing opinion of shareholders and directors alike is that attendance of annual general meetings, and overall participation in such meetings, is on the decrease. However, there may be a solution on the horizon.

Last year, Jimmy Choo PLC held the first “virtual” AGM of a UK listed company; whilst in the US, these virtual meetings are already becoming standard practice. Most commonly these virtual meetings are real-time video conference calls, with the option to use voting buttons or a view presentation alongside the video. Virtual meetings not to be confused with “hybrid” or satellite meetings, where there is always an element of physical location involved.

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What’s in a Name? – Millen Loses Millions

From the humble beginnings of a £100 loan, to a business sale of £95 million; it seemed like Karen Millen’s success story had already reached the part where they all lived “happily ever after”.  The latest chapter however reveals that Millen has now been declared bankrupt, resulting from an unpaid tax bill, mismanaged investment, and mammoth court costs. Read more

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Lasting Powers of Attorney – Registration Fees Reduced

With effect from 1 April 2017, the fee payable to the Office of the Public Guardian to register a Lasting Power of Attorney (or an old-style Enduring Power is Attorney) has been reduced from £110 to £82. Read more

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The Completion Process and Post-Completion Requirements

Following replies to Commercial Property Standard Enquiries being received, the buyer being satisfied with the search results, and contracts having been agreed and exchanged the next step would be for completion to take place. Often completion will take place after exchange, however it is not uncommon for both completion and exchange to take place on the same day which speeds up the process. Read more

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Religion v Rules

Muslim women’s rights to wear a headscarf and full-face veil in public places and within the workplace have been subject to major debate. Various European countries have addressed the issue, with France and Belgium restricting such women’s rights in 2011, and both Austria and the Netherlands implementing similar restrictions. Read more

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Understanding the Timing of a Notice of termination

The requirement to give notice is an important part of an employment contract and is normally set out in an express term. If a contract is silent on when notice is deemed to be given, there is an implied term for a party to provide reasonable notice. Any failure to provide the required notice is likely to constitute a breach of contract. Read more

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Businesses Beware of Domain Name Fraud

We have been alerted that businesses are being targeted by fraudsters as part of a new Domain Name Fraud.   Read more

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