The General Data Protection Regulation (GDPR) imposes new obligations on data processors as well as controllers. As a software company selling hosted or SaaS (software as a service) solutions, there are things you need to think about now, to ensure you comply with GDPR. [Read more…]
We are all familiar with the threat of cybercrime. Unsurprisingly, the legal industry is a favourite target of fraudsters and criminals. Large sums of money are often transferred between clients, law firms, and banks or other lenders. Scammers prey on the trust between solicitors and their clients. [Read more…]
BHW Solicitors continues to invest in its Residential Conveyancing division with the recruitment of 4 new conveyancing specialists.
The appointments take the total staff to over 30 within its dedicated residential conveyancing division for the Leicester based law firm. [Read more…]
Part II of the Landlord and Tenant Act 1954 (LTA 1954) affords business tenants, security of tenure i.e. the right to a new tenancy on expiry of the current tenancy, on like for like terms, save for a change in the market rent, if appropriate.
Leases can be drafted outside of the security of tenure provisions contained in the LTA 1954 if the appropriate wording is included in the lease at the time of drafting and a certain, strict statutory procedure is followed before the lease completes. [Read more…]
A company’s statutory books are very important and are therefore one of the most common items routinely investigated as part of a sale of a company. Despite this, many companies do not have nor maintain proper statutory books. This article considers ‘what are statutory books’ and the potential implications for failing to maintain or update them. [Read more…]
With less than 5 months until GDPR comes into force, all businesses should be well on the road to getting their preparations underway for the new data protection regime. But if you’ve not yet started, don’t panic: there is still time.
There have been a lot of headlines and hysteria about the new upper limits on fines that can be imposed under GDPR. However, enforcement will remain the responsibility of each member state which means the Information Commissioner’s Office (ICO) will continue to deal with enforcement in the UK. [Read more…]
The recent case of Wood v Capita Insurance Services Limited has highlighted the importance of clear, concise and unambiguous drafting of commercial contracts.
Wood v Capita Insurance Services Limited concerned a particular indemnity in a Share Purchase Agreement which the buyer of the company sought to enforce against the seller but ultimately failed. The buyer was purchasing the seller’s business which sold car insurance policies through comparison sites. After the business purchase had completed certain business practices came to light which the buyer alleged amounted to miss-selling to the company’s customers. [Read more…]
BHW Solicitors have been instructed by the entrepreneurs behind the headline-hitting Mo Bro’s. BHW Partner and Head of the Corporate & Commercial Department Ed Nurse is advising the three Leicester-based brothers on the deal for a £150,000 investment secured on the BBC2 programme Dragons’ Den. [Read more…]
In an age where the internet and Google are so prevalent, having an online presence for your business has never been more important – but does your business own its website?
Indeed, most businesses whether big or small will have some sort of website – from simple “information-only” websites to more sophisticated e-commerce websites capable of processing high volumes of various transactions. [Read more…]
When applying for business finance, lenders often insist on a Personal Guarantee being given as a form of security for the loan. Personal Guarantees may also be requested by landlords and sometimes even suppliers. However, before agreeing to grant anyone a Personal Guarantee, it is vital that the guarantor (i.e. the person giving the guarantee) is aware of exactly what they are agreeing to individually.
In fact, in a finance situation, lenders often insist that a guarantor take independent legal advice to extinguish any future argument that the guarantor did not understand the terms or practical implications of entering into the Personal Guarantee. [Read more…]