Background Running a business through a traditional partnership has many advantages, including the ability to keep financial information confidential, less onerous compliance with statutory rules for companies, and transparent tax treatment where partners are only taxed on the profits they receive, not on the overall profits generated by the business. However, one of the biggest…
Read detailsBackground There has been a lot of online chat in the last few weeks as to whether a collateral warranty can be a construction contract and as such can be the subject of an adjudication. This chat has followed the decision the Court of Appeal in the case of Abbey Healthcare (Mill Hill) Ltd v…
Read detailsBackground Growing awareness of the role of our built environment and green space in tackling carbon emissions is also shaping attitudes to the way commercial property is developed and managed. Investors and developers who understand the need for green space around their buildings are finding they may have a commercial advantage. The green credentials of…
Read detailsBackground Have you ever signed a contract which seemed to be perfectly clear, straightforward and reasonable at the time it was agreed, but which later turned out to be ambiguous in important respects or which gave rise to unintended and arguably unfair results? If so, you are not alone. Indeed, in our experience, many construction…
Read detailsBackground Businesses may need to send someone to court for a variety of reasons; from recovering an unpaid debt or contractual overpayment, to defending a personal injury claim or tax action brought against them by HMRC. Whatever the circumstances, there will be a need for evidence to support their position and often this will come…
Read detailsBackground Even the most promising development can be knocked off course if the land is subject to a restrictive covenant. Restrictions of this sort can prevent land being built on or being used for specific purposes for many years, even if the development has planning permission. Restrictive covenants can cause big problems for developers, causing…
Read detailsBackground When the New York Times announced in February 2022 that they had bought the popular free to play word game Wordle for a seven-figure sum, there were a few raised eyebrows. How could a game that was only launched a few months earlier, which has never generated any income, already be worth millions of…
Read detailsThe Covid-19 outbreak continues to present serious problems for construction firms. With the end of the pandemic seemingly in sight, a surge in construction projects since the easing of the various lockdowns has seen a drastic increase in the demand for materials – including timber, steel and electrical components – which, according to the Construction…
Read detailsBackground The impact of Covid on the British Economy will not be fully understood for months if not years. In particular the retail and hospitality sectors have been hit very hard. During the course of three lockdowns and stringent measures in between many shops, restaurants, pubs and hotels have either been forced to close or…
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