Posted By: Dispute Resolution on 18th May 2020
By Jerome Soucek, Associate in the Dispute Resolution Department at Bennett Griffin LLP. As a director of a company, you are governed by the General Duties of Directors as set out in Chapter 2 Part 10 of the Companies Act 2006. These duties are...
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Posted By: Property on 4th April 2020
If you are a Tenant, and you have come to the difficult conclusion that it is no longer viable to continue your Lease (even if you can renegotiate the rental payments), then you may want to consider what “exit” options you have. We have set...
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Posted By: Property on 3rd April 2020
The potential effects of the Coronavirus (COVID-19) pandemic both direct and indirect on businesses and private individuals are numerous; with the impact ranging from mere inconveniences to long-lasting and disastrous. At Bennett Griffin LLP we...
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Posted By: Property on 3rd April 2020
As the famous idiom goes “better the devil you know” – we have considered various ways in which the COVID-19 pandemic could impact a commercial property transaction. Prior to exchange of contracts, parties may experience the following...
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Posted By: Property on 3rd April 2020
Leases commonly include an obligation on the Landlord (or the Tenant, if the whole of a property is leased) to insure against named “Insured Risks” connected to damage and destruction of the Property which in turn can trigger: Rent...
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Posted By: Property on 2nd April 2020
It is not surprising, that many Tenants will be reaching out to their Landlords for a good faith arrangement whereby rent is either temporarily reduced or suspended to tide them over during this uncertain time. A Landlord is not obliged to accept...
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Posted By: Company Commercial on 30th March 2020
The unprecedented events currently taking place worldwide as a result of the spread of Coronavirus (Covid-19) have led contracting parties to consider their position, their obligations and particularly if they can rely on a Force Majeure clause....
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Posted By: Property on 2nd July 2019
The purchase or sale of a business is likely to be one of the most complex transactions which the shareholders in a company, or owners of an unincorporated business, are likely to be involved in. The level of complexity will vary from one business...
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Posted By: Property on 25th September 2018
On Thursday 20th September 2018, the Law Commission published its long awaited consultation report on proposed changes to the regimes whereby leaseholders can either purchase their freehold or extend their leases. As the consultation was branded...
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Posted By: Company Commercial on 2nd September 2018
Starting a business in the UK is relatively straightforward from an administrative point of view. The tricky bit is deciding the type of structure that will allow you to achieve your commercial ambitions. The main options available are:...
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