Business Law

The dangers of knowingly falsely accounting as a director of a company

February 12, 2013

The recent criminal prosecution of Waheed Luqman, reported here, demonstrates how careful those controlling a business must be to avoid knowingly submitting misleading statements as to their business’ finances. False accounting is a criminal offence under s.933 of the Companies Act 2006 and can result in a jail sentence of up to ten years. We’ll […]

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London is central to commercial law cases

January 29, 2013

A recent study based on government figures has shown that nine out of ten commercial law cases that are dealt with in London have some sort of international link, meaning they involve individuals or companies based outside of the UK. This means that corporate law firms in London are central to many cases in the […]

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Floating charges

January 16, 2013

What is a floating charge and why are they important  ? – Gannons Solicitors explain the basics. A floating charge is an interest over an asset that is not due or attached to the asset (yet). This is different from a fixed charge, which the floating charge becomes once it attaches to the asset. This […]

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Information requirements on commercial websites

January 16, 2013

In the 2000’s the UK Government implemented the Distance Selling Directive and the E-Commerce Directive through the Consumer Protection (Distance Selling) Regulations 2000 and the Electronic Commerce (EC Directive) Regulations 2002. These had the aim of promoting the internet for e-commerce by providing consumers and businesses with reassurances that their personal and financial details would […]

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Brother of Stephen Lawrence launches racism case against met police

January 9, 2013

Stuart Lawrence, 35, the brother of Stephen Lawrence has launched a race discrimination case against Britain’s biggest police force, claiming officers have harassed him due to his skin colour. He claimed that Metropolitan Police officers had stopped him at least 25 times over recent years because he was black. Mr Lawrence a teacher by profession […]

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A brief introduction to entrepreneurs’ relief

December 16, 2012

Entrepreneurs’ Relief was introduced in the Financial Act 2008, replacing the previous taper relief. This is an important tax relief and can save persons selling their business and/or shares a huge amount of money in avoided tax payments. It can therefore be hugely beneficial (if the circumstances are right) to take expert employment law advice […]

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What are a director’s “annual” responsibilities?

December 11, 2012

Directors of a company in the United Kingdom have a great deal of power to control the decisions and long-term direction of their company. They deal with the profits and capital of the business and they therefore have significant reciprocal duties under the Companies Act 2006 which attempt to ensure that the financial position of […]

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How to avoid an unfair dismissal claim

November 2, 2012

If your company has employees (and presumably it does) then at some point it’s inevitable that a circumstance will arise which will involve the disciplining and potential dismissal of one of your employees. This can be a stressful situation both for the employer and the employee – the employer is losing valuable human capital and […]

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How can serial litigants in the Employment Tribunal be stopped?

October 16, 2012

If you’re an employer then the odds are that you’ve participated in, or been threatened with, litigation in the Employment Tribunal with your employees. Such litigation can be extremely time-consuming, stressful and expensive, especially so if the employee concerned has made more than one (possibly unmeritorious) claim against you. This post will therefore examine how […]

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What should you do if one of your employees fails a drugs test?

October 11, 2012

If one of your employees fails a drug test at work then this is normally cause for concern. Depending on the seriousness of the situation, the employee’s past history at work, and the effect that the failure has on their ability to do their job it may result in you having to dismiss the employee. […]

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