The extent of each party’s liability is a key part of a commercial contract and is likely to be subject to extensive negotiation. An indemnity is a promise usually made in a contract to pay money out on the occurrence of a specified event. It aims to...
The Government has offered unprecedented levels of financial support to businesses and individuals. Where that comes in the form of grants such as the Coronavirus Job Retention Scheme, business rate holidays and the Small Business Grants Scheme, businesses...
In recent news which should be welcomed by directors of businesses who are grappling with the impact of COVID-19, it was announced that there would be changes to the insolvency regime. This includes a temporary suspension of wrongful trading provisions for...
Advisers and certain other entities are now required to report to Companies House if they think that you have not filed the correct details of the persons of significant control (“PSC”) in respect of your company. So now is the time to make sure...
The Corporate and Commercial Team at Hughes Paddison is celebrating its second birthday this month. In the first two years, the team has worked on around 50 transactions with a total deal value of around £50 million ranging from a £9...
“Not another article on GDPR!” I hear you cry. Businesses are increasingly aware that they need to be GDPR compliant by 25 May 2018 and are trying to work out what that means for them. There is plenty of information out there, but it is...
Data Protection law is relevant to every business. It should not be ignored under the current rules, but under the General Data Protection Regulations (GDPR), which come into force in May next year, businesses will be required to take another look at what...
If you are sending marketing e-mails to your customers and contacts, then you need their consent under the current rules, but many businesses will have sought that consent through pre-ticked boxes or as part of their terms and conditions – in other...