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NEWS AND ARTICLES
View our latest Insights, perspectives and events.
Limited Liability A history of Salomon v Salomon
twitterlinkedininstagramINTRODUCTION The concept of limited liability is, as some modern corporate law scholars believe, as important an invention as electricity and the steam engine. This might be too extreme a comparison, nevertheless, the importance of limited...
Articles of Association: What is missing from the Model Articles?
twitterlinkedininstagramAll limited companies must have articles of association. These set the rules company officers must follow when running their companies. “Model” articles of association are the standard default articles a company can use. They are prescribed by...
Blockchain: transcending the digital space, and bricks and mortar businesses.
twitterlinkedininstagramLooking to the future, this article considers the potential for blockchain technology to revolutionise society and its wider impact on everyday life. When you talk about blockchain, most people think about bitcoin and cryptocurrencies. Whilst...
A Brave New World: Changes to Making a Will during COVID
twitterlinkedininstagramInsight below, from our Dominic Davidson, takes a look at the temporary amendment to the law on executing wills during the COVID pandemic. The UK's common law system is a dynamic one and it is vital for Parliament, and in turn Judges, to be...
Banksy loses Trademark and Raises Questions over Protecting Rights in all His Street Art
twitterlinkedininstagram"Banksy" the anonymous English street artist is world-renowned for his satirical street-art and take on world events, even opening a hotel in Israel facing onto the West Bank border wall which boasts in typical Banksy fashion of having "the...
Ending a Tenancy in the event of a Tenant’s Death
twitterlinkedininstagramIn the event that a tenant should die, the tenancy remains and in order to bring the tenancy to an end, a notice to quit must be served at the property and a copy notice on the Public Trustee. It is necessary for both recipients to be validly...
Business as Usual for Courts: Temporary Changes to Insolvency Rules
twitterlinkedininstagramIn light of the Corona Virus pandemic a temporary insolvency practice direction has been introduced from April 2020 and will remain in force until 1 October 2020, unless revoked or amended. Key considerations to note are: Filing notice of...
COVID-19, Footballers and Furlough Leave
twitterlinkedininstagram Introduction Taking a look at the workings of the UK corona virus furlough scheme within Premier League Football Clubs and of football players. The news of football clubs furloughing its employees has been met with backlash. There has been...
Information on the VAT Deferral Scheme.
As part of its temporary measures to combat the effects of the Corona Virus on business, HMRC has agreed to defer VAT tax payments to aid cash flow. Know your rights to ensure you benefit: All businesses that are registered for UK VAT have the option to defer VAT...
Does the Corona Virus mean fair employment procedures go out the window?
As the Corona Virus pandemic spreads, businesses in the UK are understandably concerned, with the government requiring the closure of all businesses where social gatherings take place, such as restaurants, pubs and gyms. Widespread travel bans, a fall in oil prices,...
Perfect Security. ‘Tacking’ and ‘further advances’ and Order of Priority.
Ranking of a creditor's interest against land is crucial to the order of priority of distribution of assets in the event of a debtor's insolvency. The statutory order of priority shall apply to how the insolvent's assets are distributed to satisfy its creditors. The...
Director’s Duties and the Fiduciary Relationship
What is a fiduciary relationship? A fiduciary relationship arises under common law where Party A and Party B agree that Party A will act on behalf of or for the benefit of Party B in circumstances that give rise to a relationship of trust and confidence. Generally...
Tightening of rules to Qualify for Entrepreneurs’ Relief
Entrepreneurs’ Relief reduces the amount of Capital Gains Tax (CGT) on a disposal of qualifying business assets on or after 6 April 2008, as long as you’ve met the qualifying conditions throughout a two-year qualifying period either up to the date of disposal or the...
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Q U I C K L I N K S
Ai Law is a trading name of the Ai Law Group, a recognised body law practice, regulated by SRA (SRA No.,: 670155). Registered office: Ai Law, 8 Water Street, Liverpool, L2 8TD, UK. We use the word 'partner' to mean a senior manager or consultant, or a shareholder and in no way is such title used to be held out. Ai Change Management is a connected company and part of the Ai Law Group. Our regulatory body: www.sra.org.uk