Today the Government have announced there will be new legislation in divorce law. This new law will update the Matrimonial Causes Act 1973 in due course. It will mean that, in the future when the legislation comes into force, divorcing couples will no longer have to ‘blame’ each other for the breakdown of their marriage. It is hoped the new law will help reduce family conflict.
Shareholders' agreements, partnerships, LLPs and joint ventures
It is important for the shareholders in the company, partners in a partnership or members of an LLP to be clear on the following:
• what decisions need additional consent;
A joint-venture will not always need to be operated through a separate entity. Sometimes you can simply enter into a commercial agreement where you agree who will do what and how much they will be paid or pay for what.