Once the owners of a business have overcome the obstacles that lie in their way to the exit door, what is actually involved in going through that door?
In 2013 the EAT decided in a case involving numerous redundancies from various Woolworths stores,
that an employer had to count all proposed dismissals across all local units or “establishments” in assessing whether or not the collective redundancy consultation requirements applied. This decision came as a surprise to many employers, since it was a departure from previous case law and significantly increased time and costs for employers involved in redundancy processes.
On 29 April 2015 The Insolvency Service of the UK Government published updated insolvency statistics which include a breakdown of insolvencies that occurred in 2014 across various industry sectors including the construction industry. There are separate tables of statistics for England and Wales and for Scotland.
The construction industry statistics are subdivided into three main areas of construction industry activity being (1) construction of buildings, (2) civil engineering, and (3) specialised construction activities. These three categories are then subdivided further providing more detail on the types of activities being undertaken by the insolvent companies.
A recent Court of Session decision makes it clear that a notice will not ordinarily be required for a tenant to be obliged to fulfil their repair and maintenance obligations under a lease.
Every business owner needs to know two important things about their business:
A Pre-Nuptial Agreement is an agreement made by a couple before they enter into a marriage or civil partnership. The Pre-Nuptial Agreements usually ring-fence particular assets that were acquired by the parties prior to the marriage, such as a business or a particular property, and protect those assets against a claim by their spouse in the event of the marriage ending. Pre-Nuptial Agreements can also be used to regulate financial provision on divorce or regulate certain issues during the course of the marriage.
Significant changes in relation to the way that employees take leave following the birth of their child will be effective for babies expected or placed for adoption on or after 5 April 2015.
Litigation is a recognised cost of doing business. All sizes of business will inevitably find themselves involved in disputes. Court is usually a last resort, as it is time consuming, slow and costly. It can also be risky. Effective management of the risk and cost of litigation will assist in minimising the impact of any litigation on the business. Here are some key points to be aware of.