Top legal issues when starting in business

Thinking of starting a business on your own or with a business partner? Don’t leave it too late to consider the legal issues and budget for them! Here are the top issues we are most commonly asked to advise on by new entrepreneurs: Business Entity: Will you start up as a sole trader (under your

Employment Protection – Is it fit for purpose?

Robert Bedford, Past President and Council Member of the Hertfordshire Law Society, is an Employment Partner at Machins Solicitors, Luton. Here he considers the effects of the changes in employment legislation on vulnerable and low-paid employees The Introduction of Employment Tribunal Fees The introduction of fees to bring claims in the Employment Tribunal 18 months

Brothers banned from being directors after breaching legal duty

Two brothers have been banned from being company directors after they breached their duty to creditors when their business went into liquidation. The two men ran a company that provided payroll services. The business got into financial difficulties and was wound up in October 2012. An Insolvency Service investigation found that two weeks after the

Government to tighten up the Prompt Payment Code

The government is tightening up the Prompt Pay Code (PPC) to encourage firms to pay invoices quicker and so improve cash flow for smaller firms. Business Minister Matthew Hancock says the PPC will now promote 30-day terms as standard and introduce a 60-day maximum limit. Unless firms can show there are exceptional circumstances that justify

Company awarded damages against former director

A steel production company has won a damages claim against a former director and members of his family after they formed a rival start-up business. The director, his son and daughter-in-law all worked for the production company at the same time. The son and daughter-in-law left to set up their own business in the same

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