When a dispute arises in the context of a business it will usually stem from a known risk, such as a customer not paying, an employee setting up in competition or a supplier breaching the terms of their contract. Identifying and effectively managing the risks posed to your business can seriously reduce the likelihood of …
Parnalls Solicitors is delighted to announce the appointment of Michelle Ody as a Director of the firm. Michelle qualified as a solicitor in 2009 after previously working in the financial sector. As a member of the property department at Parnalls she specialises in commercial property and property finance. Michelle grew up in Devon and attended …
In the last of two articles on the financial crisis facing the owners and occupiers of commercial property following the business rates revaluation earlier this year, Mark Parnall, director with Parnalls in Launceston, explained the process for appealing against your assessment. In this article, he considers available rates exemptions and reliefs, options for reducing your …
If you are one of a growing number of businesses facing financial crisis following the business rates revaluation earlier this year, options for reducing your outgoings to keep the business afloat are likely to be high on your list of priorities. You may also have thought about whether you can challenge your assessment or take …
New rules on the procedure businesses must follow when trying to collect debts from individual customers could mean that you have to wait 90 days or more before you can issue court proceedings. To limit the damage this may cause to your cash flow it is important to review your credit control procedures following the …
Key Terms Lasting Powers of Attorney (‘LPAs’) are formal legal documents which allow you to appoint attorneys to make decisions for you in the event that you are unable to do so for yourself in the future. An LPA is a safeguard which gives you peace of mind that should you in the future, lack …
If you are considering setting up a business there are numerous options about the vehicle through which you can trade. To make an informed decision about the type of vehicle that would work best for you, you need to be aware of the legal responsibilities and obligations that each will impose on you. In the …
If you are considering setting up a business there are numerous decisions that you will have to make, including whether you will operate as a sole trader, in partnership with someone else or through a company. With the last two options, you will also need to think about the structure of your business. To make …
If your children or grandchildren are struggling to get onto the property ladder you may have considered offering them money to help. If you have, you are not alone. According to a recent report by Legal and General, family and friends in the UK gave their loved ones £5 billion to fund house purchases in …
Peer-to-peer lending has provided opportunities for lawyers to increase their value by assisting clients with financial matters, explains Louis Mathers 2 December 2016 The legal profession was once steeped in the tradition of being at the centre of commerce. Critical to that union of the interests of the client and the interests of the mercantile …
