Lending money between friends and family?
Whether you are lending money to a friend or family member in times of financial hardship or investment into a new business venture, have you considered what would happen in the event that the agreement between you both is dismissed? Relationships betw …
Asset Sale vs Share Sale
I often get asked what the benefits are of a share sale over an asset sale. The truth is, there are pros and cons to each structure and you need to ensure whatever route you take is the right one for you. However, I have outlined a few key factors to c …
5 Stages of selling your Business
Preparation – as with anything else in life, preparing your business for sale is key. From preparing for the due diligence process to planning the sale structure and your exit plan, this is fundamental to maximise on your sale and prevent your buyer fr …
H&M Fined for Breaching GDPR
Clothing company H&M has been fined £32.1 million for breaching GDPR. H&M violated the privacy of its employees by conducting illegal workplace surveillance. The Data Protection Authority of Hamburg, Germany, stated that H&M’s staff had bee …
On what grounds can I file for a divorce?
Currently, there is only one ground for divorce or dissolution of a civil partnership in the UK, and that is irretrievable breakdown of the relationship. To establish that the relationship has irretrievably broken down, you have to prove one of the fiv …
The impact of COVID-19 on families
For just a moment, you might have been forgiven for forgetting that COVID-19 existed. After the initial pandemonium of the first wave, the daily government updates and the long (albeit sunny) months spent indoors in isolation, we, as a nation, achieved …
HMRC’s inheritance tax investigations hit four year high – but what reliefs may be available to an estate to reduce any inheritance tax liability
According to a recent article, HMRC have seen a record high of £274million in respect of inheritance tax claimed from over 5,000 investigations undertaken in the 2019-20 tax year. For clarity, an investigation by HMRC is undertaken to ensure that all a …
What remedies are available for a breach of contract?
Contracts are entered into regularly by all of us, whether that be as consumers, suppliers, shareholders, investors – the list goes on. But what happens when one of the parties fails to adhere to their contractual obligations and breaches the contract? …
Breach of Contract Claim?
Contracts are entered into regularly by all of us, whether that be as consumers, suppliers, shareholders, investors – the list goes on. But what happens when one of the parties fails to adhere to their contractual obligations and breaches the contract? …
Damages for Breach of Contract
An award for damages is the most common remedy awarded in a breach of contract claim and the aim of such awards is to place the innocent party in the position it would have been had the breach not occurred. However, there are restrictions as to the ext …
