The BBC yesterday (19th July 2017) published its Annual Report and Accounts, which made for some interesting reading; not least because of the gender pay gap it revealed. But with the gender pay gap reporting regulations now in force, the BBC might not be the only large employer facing scrutiny in relation to their gender pay gap.
Can a Guarantor be liable to an unknown entity in the event of assignation?
The answer is yes. Lord Bannatyne in the recent Court of Session case of Promontoria (RAM) Ltd v John Moore, dismissed the Defender’s legal challenges that the Pursuer did not have “title to sue” and had no relevant case in law. This decision gives Promontoria approval to sue Mr Moore for the debt they recently bought from and that he had guaranteed 10 years previously with Ulster Bank.
Cash flow issues can present difficulties for businesses looking to purchase new equipment. If you are hoping to grow your business and looking for a way to finance the purchase of new assets or equipment, there are several ways to achieve this.
The General Data Protection Regulation (GDPR) comes into force on 25 May 2018 and will introduce the greatest changes to data protection legislation in over 30 years. In this blog, we look at subject access requests (SARs) under the GDPR and what changes this will bring in. There is less than a year to go now before the GDPR comes into force, therefore you should act now to make sure you are GDPR compliant!
On the 11th of July 2017, the British Racing Drivers’ Club (“BRDC”), as owners of the Silverstone race track, made a decision to trigger the “break clause” in their commercial lease with Formula One Group to host the British Grand Prix. The termination would take effect from 2019 leaving Formula One fans facing the prospect of there being no British Grand Prix on the Formula One circuit for the first time in over 60 years. There are a number of commercial factors that may explain why the BRDC have taken this decision but this article will examine the legal flexibility generally that break clauses provide parties to a contract and the associated risks for the parties involved.
More than a year has passed since the United Kingdom voted to leave the European Union. Since then we have had another general election, IndyRef2 put on hold, and, of course, Trump. Despite the various political and economic changes over the past year, there can be little doubt that Brexit will be the change that has the biggest impact on the food and drink sector in the UK.
Summary: occupational pension schemes must provide equal survivors’ benefits to those who are married or in a civil partnership regardless of sexual orientation.
Little over a year has passed since the introduction of the register of people with significant control (the PSC Regime), which was designed by the Government to increase transparency as to the ultimate beneficial ownership of corporate entities.
New legislation has now come into force (although most of the changes will not take effect until 24 July 2017) to ensure the PSC Regime complies with the EU Fourth Money Laundering Directive.
On 14 June 2017, the European Union Court of Justice (CJEU) handed down a preliminary ruling that milk products, including cheese, yoghurt etc. cannot be named as such where they do not contain the animal product. Therefore, companies that sell “soya-milk” and other such products, will no longer be allowed to market these products as “milk” products – the impact of this decision will extend to cheese, yoghurt and other products that contain milk.
Ofgem confirmed on 15 June that triad payments for embedded generation customers would reduce from £47/kW to £3-7/kW. The reduction will not be immediate, and will instead be phased from April 2018 to 2021.