Category Archives: Corporate & Restructuring

ICO Flexes its Muscles in Warm-up for GDPR – Double offender fined £325,000

The current cap on Monetary Penalty Notices for Data Protection Act 1998 breaches is £500,000. That cap is going up to EUR 20,000,000 tomorrow with the coming into force of GDPR and the Data Protection Act 2018 and, to celebrate … Read more

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It’s official! Data Protection Act 2018 given Royal Assent today

Today, the Queen gave Royal Assent to the Data Protection Act 2018, which was first announced in the Queen’s Speech on the 21st June 2017, as mentioned in a previous blog. The new act comes into effect on Friday 25 … Read more

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Register of Beneficial Owners of Overseas Entities

In May 2016, the Government announced its intention to introduce a register of beneficial owners of overseas companies owning property in the UK. Following a consultation on proposals, the Government has responded on how it intends to implement the register … Read more

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Winner Winner (No) Chicken Dinner – KFC and Supply Contracts

KFC has recently hit the news for all the wrong reasons, due to a huge amount of stores running out of fresh chicken. Out of 900 restaurants only a reported 254 of these remained open, the majority of which could … Read more

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Is EUr Trade Mark Ready? – Preparing your business for Brexit

Uncertainty surrounding the effects Brexit will have upon trademarks and intellectual property (IP) across the EU remains, with the next phase of talks focusing on the future of the trading relationship between the UK and EU. Already one UK based … Read more

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Clause for Concern: Recent Updates to Exclusion Clauses and Indemnities

Contracting parties must always be considerate of circumstances that could lead to losses, even more so when these parties are of equal bargaining power. The recent decisions of the courts in relation to exclusion clauses and indemnities, affirms the position … Read more

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Partnership Disputes – Cheema v Jones

A recent Court of Appeal decision has highlighted the importance of ensuring that a partnership arrangement is properly documented. In Cheema v Jones, two GP’s (A and B) entered into a partnership to provide medical services, the terms of which … Read more

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No Right, No Way: Taxpayers Remain Mindful!

An unsurprising revision has recently passed through the Upper Tribunal, in the case of McQuillan v HMRC. The First-Tier had decided in favour of the McQuillans, in relation to their attempts to claim for entrepreneur’s relief when selling ordinary voting … Read more

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Preparing for GDPR

Preparing for GDPR The General Data Protection Regulation (GDPR) due to enter into force on 25 May 2018 is set to bring in a number of changes to the current data protection regime as set out in the Data Protection … Read more

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Fail to File… Fine? – Changes to Partnership Penalties

Until recently, it was simply to be expected that partners who failed to produce a partnership return in time to HMRC would face a fine. However, the First-tier Tribunal has now reduced penalties for a case where the same information … Read more

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