An Overview of the European Payment Order (EPO) The European Payment Order is a debt collection procedure meant to simplify the cross-border recovery of uncontested claims within the European Union. In 2006, Regulation (EC) No 1896/2006 was designed in order to create an unvarying EU-wide...
The easiest way of becoming a business owner in the UK is to register as self-employed. You may also have heard this referred to as being a sole trader. There is a little paperwork to complete in setting up your self-employment business, but it is...
The boilerplate provisions of your agreement should never be ignored. When you read through these clauses, the language seems similar. However, the little differences in the use of words will make a considerable difference in interpreting your commercial agreement or acquisition transaction documents. Here is...
A subject access request (SAR) is a request made in any form for a copy of all information your business holds on an individual. While it is good practice to respond to such a request immediately, you must do so within one month of the...
Intellectual property, or IP, refers to an idea or other form of creative work must legally be treated as an asset or physical property. Common examples of IP include things like: An author's copyright on a book idea A distinctive logo that represents a brand...
The coronavirus (COVID-19) pandemic has disrupted economies and business corporations around the world. With the economy in shambles, financial experts around the world have proclaimed that we are amidst a global recession with increasing certainty. Many well-established businesses, particularly the ones which were smaller or...
The COVID-19 pandemic has caused significant financial distress for many around the globe. With unemployment at a record high in many countries, a vicious cycle has emerged. Lack of spending has led to a lack of revenue, which has consequently furthered a decline in the...
There is controversy growing over insurers refusing to cover losses that have arisen from COVID-19; especially, under Business Interruption policies. Lots of businesses have been paying these premiums for years. For policies that supposedly include cover, therefore the insured’s believed they are protected. Some insurers...
In the United Kingdom, like many countries, there is a very complicated tax system, a series of levies imposed upon both individuals, businesses and organisations. These levies are payments that have to be made the government via Her Majesty’s Revenue & Customs (HMRC) and are...
Starting or expanding a business can be an exciting prospect. However, if this involves moving into a commercial residence for the first time, it can also be daunting. Lease agreements often contain complex contractual clauses and seemingly impenetrable legal jargon. As such, it is best...
The impact of the COVID-19 crisis continues to be felt by employees and businesses alike. There have been changes in the law surrounding insolvency due to the current economic climate. However, this has not stopped companies entering liquidation altogether. Read on for all you need...
You may have recently seen many articles and news reports referring to insolvency and the changes in the law surrounding it. These adjustments have been brought about by the fallout of the COVID-19 epidemic and the economic impact it has caused globally. These are difficult...
With the Coronavirus Pandemic, there is much uncertainty. We are going through times of change and difficulty, impacting us all. A great deal has changed over the last six months. Nevertheless, we envisage that there are going to be more reformations ahead. Aside from the...
