What is a Personal Guarantee? When money is lent to a company or person, a lender will usually seek some form of security over the borrower’s assets so that those assets can be realised (sold) in the event that the
More about Personal guaranteeWhat is a Warranty? A warranty is a contractual statement of fact or assurance given by a seller to a buyer that a certain state of affairs exists. The contractual statement is often drafted along the lines of, “save as
More about Warranty claimsWhat is Professional Negligence? When clients instruct professional advisors, they expect to receive a competent service which meets their needs and objectives. Unfortunately, this is sometimes not the case and clients can receive a sub-standard service where the professional engaged
More about Professional negligenceWhat is the purpose of LPA and Fixed Charge Receiverships? LPA and Fixed Charge Receiverships are a means of enforcing security, allowing a secured creditor (usually a lender) (“Secured Creditor“) to appoint a receiver to take control of, protect and
More about LPA and fixed charge receivershipsHow is a contract formed? A contract is a legally binding agreement between two or more parties, which can be made in writing, verbally or even through conduct – however, there are some situations where a written contract is required
More about Contractual disputesIntroduction The UK Courts are widely recognised as some of the most sophisticated, efficient and well respected in the world. Together with agreements to allow recognition of judgments across the globe, the UK is a very attractive forum for disputes.
More about Funding UK litigation & arbitrationHow shareholder disputes may arise Disputes between shareholders of a private company are not unusual and can arise over a wide range of issues, including disagreement as to the approach or management of the business, the conduct of shareholders and/or
More about Shareholder disputesWhat are directors’ duties? Company directors are “fiduciaries” for the companies they manage – i.e. they occupy a position as trustee with the company as beneficiary. As such, they owe the company certain duties, for which they can suffer personal
More about Directors’ duties for companies in distressWhat is investment fraud? Investment fraud is a type of financial deception where an individual or entity induces people to invest money based on false, misleading, or deceptive information. The intent is to trick the victim into parting with their
More about Investment fraudAt the Autumn Budget on 30 October 2024 the Chancellor produced at least one rabbit out of the hat: on a member’s death, any unused pension funds and death benefits will be subject to inheritance tax (IHT) from 6 April
More about Part 4 – Pensions and inheritance tax: Uneasy bedfellows?