Forbes News
22 Jul 2019
What are incoterms? Incoterms, short for International Commercial Terms, were first published by the International Chamber of Commerce (ICC) in 1936 and have since facilitated business' terms of trade around the world. Traders can choose to incorporate Incoterms into their contracts to…
Commercial
Legal Article
17 Jul 2019
A Joint Committee on Human Rights has welcomed the proposed draft Fatal Accidents Act 1976 (Remedial) Order 2019 ("the Remedial Order") to extend the right to claim bereavement damages to cohabiting couples. The Committee notes that it is regrettable that it has taken twenty years following…
Insurance
Legal Article
15 Jul 2019
The Lord Chancellor has today announced that the new discount rate will be set at minus 0.25%. The announcement follows a comprehensive review of the rate as provided for in the Civil Liability Act 2018. Currently the discount rate stands at minus 0.75% after it was controversially reduced in 2017…
Insurance
Legal Article
15 Jul 2019
It has not quite been 10 years, but it has been some time now since the Equality Act 2010 hit the statute books. The swansong of Gordon Brown's Labour administration, it was an ambitious piece of legislation which sought to consolidate nearly 40 years' worth of anti-discrimination laws into a…
Housing & Regeneration
Legal Article
11 Jul 2019
On 09 July 2019, the Information Commissioner's Office (ICO) announced that it intended to fine Marriott International, Inc more than £99 milllion for breaches of the General Data Protection Regulation (GDPR). The ICO confirmed that it has conducted an investigation into Marriot…
Governance, Procurement & Information
Legal Article
10 Jul 2019
An independent review by the Office of Tax Simplification (OTS) has concluded that the "seven year rule", a bedrock of UK inheritance tax (IHT) planning whereby assets given away during an individual's lifetime are exempt from IHT if the individual survives for at least seven years, should…
Wills, Probate, Tax & Trusts
Forbes News
09 Jul 2019
A common question that is often asked by employers is what can I do if my employee has covertly recorded a meeting. Only a few years ago employees would have to be very motivated to covertly record meetings and it was not uncommon to find employees producing devices James Bond would be envious of,…
Employment & HR
Forbes News
08 Jul 2019
Leading legal firm Forbes Solicitors has appointed Michael Chambers as Partner and head of its growing Dispute Resolution team. The team has also been boosted by the arrival of Laura Hallett Lea as an Associate, Jordan Davies as a Solicitor, Andrew Wilkinson as a Paralegal and Sophie Jackson as a…
Dispute Resolution
Legal Article
08 Jul 2019
British Airways (BA) has been issued a notice by the Information Commissioner's Office (ICO) regarding its intention to fine the airline £183.39 million for violation of the General Data Protection Regulation (EU) 2016/679 (the GDPR). What did they do wrong? The violation in question…
Governance, Procurement & Information
Forbes News
05 Jul 2019
The House of Commons Women and Equalities Committee published its report into "The use of non-disclosure agreements in discrimination cases" last month. The Committee launched an inquiry following the concern surrounding non-disclosure agreements ("NDAs") in the wake of the #MeToo…
Employment & HR
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