Small business solicitors Streathers are an ideal size and type of law firm to advise and assist small businesses. But why do we say this and what do we mean? For many small business owners, of which there are several million in the UK with turnover of less than £1million a year, finding the right … Continued
Commercial law Insights
Special Purpose Vehicles As a firm we act for many property investors and developers. Many clients ask us about whether it’s better to buy, develop and own property via a limited company and in doing so, setting up a Special Purpose Vehicle (SPV). There are complex considerations in advising on SPVs, involving tax and many … Continued
The Background The government is concerned that some companies facilitate illicit activities – from money laundering to tax evasion, corruption to terrorist financing. It believes that greater transparency of company own ership and…
Companies that have shares with no dividend rights in issue may need to review their impact on the shareholdings of employees and directors and, if necessary, consider either their cancellation or conversion in the light of two recent decisions. In the…
A decision in the IP Enterprise Court provides a warning to company directors of their potential liabilities in regard to intellectual property infringement. The court gave summary judgment for the claimant in a claim for trade mark infringement and passing…
A Court of Appeal decision provides a warning to owners of businesses that trade as a partnership. The court held that a partner was jointly and severally liable to a third party for the breach of fiduciary duty of another partner (L). This was the case even…
A High Court decision provides a classic example of why, when offering or negotiating a settlement of any dispute, it is important to add the words “subject to contract” to correspondence where it is intended that the settlement should not be…
Taxpayers that actively manage their property lettings and wish to incorporate their business will welcome a recent decision in the Upper Tribunal (Tax Chamber). The Upper Tribunal determined that the term “business” in the capital gains tax…
