The ability to communicate ‘without prejudice’ is an invaluable tool when negotiating and trying to settle a dispute. It means that anything you say to your opponent in a dispute, which you specify to be said without prejudice, cannot be used to your disadvantage or prejudice as evidence in any court proceedings. For it to…
As a director of a limited company, you can trade with the privilege of limited liability. As a result, you also have to be mindful of the many duties you have to everyone you deal with on a day-to-day basis. A director of a company in financial difficulties has even stricter duties, to ensure that…
If your business is owed money, the impact on cash flow can be considerable. Since interest rates have improved you could also be losing potential returns on investment, so it is important to keep a tight control on business debts. When chasing late payments, you can ask for interest on the money owed. The most…
All businesses rely on energy supplies to allow them to trade to some extent. Even if your business does not use large amounts of energy for manufacturing or other related work, it will require reliable lighting, heating, and internet supplies to conduct business without disruption. In April 2024, an issue with the electrical installations at…
If you are involved in a business dispute, then it is sensible to try to resolve the matter as quickly and cost-efficiently as possible to avoid or reduce the chances of having to go to court. Taking advice at an early stage from a solicitor who is experienced in dispute resolution is vital, and one…