How are audit reports affected by disclaimer clauses?

How are audit reports affected by disclaimer clauses?

What is the effect of disclaimer clauses in audit reports, particularly in circumstances where a company enters administration? The 2015 High Court ruling in Barclays Bank PLC v Grant Thornton provided some welcome clarification – with the key issue being whether or...
What is Company Liquidation?

What is Company Liquidation?

The Directors of a Company that cannot pay its debts can choose to put the Company into voluntary liquidation. Indeed Directors have statutory responsibilities not to permit a Company to trade insolvently. If they allow the Company to trade insolvently they can become...
What is the process for selling my commercial property?

What is the process for selling my commercial property?

When a seller instructs us to act for them in relation to the sale of their commercial property, they are sometimes unaware of the legal procedure involved in a sale, and also the documentation that will be required from them in order to satisfy a buyer. We have...
GDPR Considerations for New Start-Ups

GDPR Considerations for New Start-Ups

The General Data Protection Regulations (GDPR) are pervasive, and do not only affect larger companies; your new start-up must equally maintain strict adherence to its provisions. We have provided a quick run through of the key concerns you should consider with regards...
Construction – What does practical completion really mean?

Construction – What does practical completion really mean?

In the context of building works, the question of whether practical completion is achieved in law has not always been clear-cut. Valuable guidance has recently been given by the Court of Appeal, setting out important principles in determining what ‘practical...
Access to company registers: the ‘proper purpose’ test

Access to company registers: the ‘proper purpose’ test

Companies are required to make their register of members available to any shareholder on request providing they have a ‘proper purpose’ for wishing to access the register. What happens when a company receives a request? And what constitutes a ‘proper purpose’? Section...