People With Significant Control

Company changes in force 6 April 2016 From 6 April 2016, companies will have to maintain a register of ‘People with Significant Control’ (PSC). The press release from the Department of Business and Skills states: ‘The PSC register will include information about the individuals who own or control companies including their name, month and year Read More …

Company Law Advice – Director Conflicts of Interest

The UK Companies Act 2006 (section 175), imposes on directors a duty to promote the success of the company, which encompasses the duty to act in good faith and in the best interests of the company. In particular, directors are under a statutory obligation to foster the company’s business relationships with suppliers, customers and others; Read More …

Financial Times Contribution

I was recently asked by the Financial Times to respond to a reader’s question, so I have decided to relate the question and my response to readers of this blog. The full article can be found here http://www.ft.com/cms/s/0/15607a86-4b56-11e1-a325-00144feabdc0.html#axzz1tc3QTCRR , although you may need to log in to read it. (All rights reserved to the FT): Can my Read More …

Start Me Up

Seed Enterprise Investment Scheme (SEIS) – Starting Up Start-Ups As a SME business investor, the Enterprise Investment Scheme (EIS) may not be for you, but you may like to try Seed Enterprise Investment Scheme (SEIS), or as the late Steve Jobs may have termed it, “EIS Nano”. The idea for SEIS came out of the Read More …

Restrictive Covenants

A Restrictive Covenant is a negative covenant that restricts the way in which a party can act. They are commonly used in the context of Property (to govern the way in which land may be used), Employment (what an employee cannot do after a period of employment or service) or in a company purchase or Read More …

Company Loans, Debenture, Fixed and Floating Charges Explained

Gregory Abrams Davidson Solicitors’ basic overview of Company Loans, Debentures, Fixed and Floating Charges. Should you have any questions about either debentures, fixed charges, floating charges, or other aspects of company finance please contact Jonathan Abrams on 020 8209 0166 or email jabrams@gadllp.co.uk. Read More …

Bribery Act 2010 – Update: April 2011

By the end of 2011 the Bribery Act is expected to have been implemented and will have potentially crippling commercial and legal consequences for honest individuals and businesses with interests in, or associated with, the UK. Read More …

Intellectual Property and SMEs

A brief overview of Intellectual Property; Trade Marks, Patents, Copyright and Designs. Read More …

Contractual “Black Holes”

Court of Appeal holds that phrase “a formal contract will follow” did not make an agreement subject to contract Read More …