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Company law changes in 2016

Company Law Changes in 2016 - The Small Business, Enterprise and Employment Act 2015 Note: The requirement to keep a PSC register came into force on 6 April 2016.

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RICS arbitration service launched

RICS arbitration service for construction and engineering disputes

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The Bribery Act 2010

In January 2016, the first UK company to be prosecuted for corruption was sentenced to a fine of just over £1.3m, had over £800k confiscated and was ordered to pay £25k in prosecution costs, with two directors being convicted and sentenced in 2015.

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Implied terms

The Supreme Court has recently clarified the law on implied terms in Marks & Spencer plc v BNP Paribas Securities Services Trust Company (Jersey) Ltd.

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Commercial rent arrears recovery from 6 April 2014

On 6 April 2014, the government abolished the common law right known as “distress”, no longer allowing a landlord to seize a tenant’s goods and sell them to recover outstanding rent arrears.

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Barker Gillette LLP and Lucas McMullan Jacobs Merge

Barker Gillette LLP and Lucas McMullan Jacobs are delighted to announce their merger as from 3 November 2014.

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Insight

Change in divorce law looks set to stop the blame game

No fault divorce is likely to be introduced, but professionals say fair deal on asset sharing means mediation must remain top of the agenda

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Safeguarding’s vital when appointing others to act

Increasing numbers of people are taking advantage of a simplified online process to make a Lasting Power of Attorney, which enables others to manage their affairs if they become unable to do so themselves, but alongside there is a surge in reports of abuse by attorneys. “It’s important to get guidance and set safeguards in place when permitting others to manage your affairs.” says private client specialist, James McMullan who explains how the process works and the ways in which you can protect yourself.

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What lies beneath…

If you’re investing in or developing property, be aware that any mines and minerals beneath the surface could be owned by someone else.

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Can you ever be too young to create a Lasting Power of Attorney?

While most Lasting Powers of Attorney (LPAs) are created by older people, mental capacity issues can strike at any age. Anyone can fall foul of an illness or accident which leaves them incapacitated or even in a coma.

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Death and taxes are said to be the two certainties of life…

While we often stop and have a moan about taxes; very little thought is often given to death itself.

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New trade mark rules simplify counterfeit challenges

A branding challenge toppled the golden arches when a small Irish fast food company managed to block the international McDonald's food chain from trademarking the terms Big Mac and Mc throughout Europe.

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