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Parnalls

The Bank of Mum and Dad: top tips when lending money to your children  

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

The role of a court appointed deputy

If a friend or relative has lost mental capacity and there is no power of attorney in place, it may be necessary to apply to the Court of Protection for a deputy to be appointed. Deborah Adams, Head of Private Client department at Parnalls in Launceston explains what a deputy is and their role. What

What are the key terms that need to be covered in a commercial lease?

When a landlord and tenant agree a commercial lease, each will have a clear aim.  The landlord will want to generate a reliable income stream from their investment.  The tenant will want premises that accommodate their business effectively and at a cost they can predict and afford.  These two objectives lie behind all the detailed

Jargon-busting guide to Lasting Power of Attorney

Why you need a Lasting Power of Attorney (it’s not just for the elderly) A Lasting Power of Attorney is not just for the elderly — it’s for anyone who becomes mentally incapacitated through accident or illness, which could be pretty much any of us at any time. Scary, we know. Here’s a jargon-busting guide

How firms can take advantage of the rise of alternative finance

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

Teenager paralysed after falling off a horse awarded £3 million in compensation

Last month, 18-year-old Ashleigh Harris was awarded £3 million in compensation from her ex-boyfriend’s family after she fell from an untrained horse and broke her back. Rachel Miller, the owner of the horse, has insurance to off-set part of the claim under the terms of their “personal liability” cover but the rest will have to

RBS to pay investors £800 million

Embattled Royal Bank of Scotland (RBS) has agreed to pay £800 million in an out-of-court settlement over allegations it misled shareholders during a £12 billion fundraising at the height of the financial crisis. The state-controlled British bank said on Monday it had settled with three parties of institutional investors, who were among five separate claimant groups suing

Parnalls expands its litigation team

Parnalls Directors are pleased to announce new developments in the firm’s Litigation Team. The Department is headed by Director Katherine Flashman Kitson, formerly Parnall, who celebrates 20 years at Parnalls this year. The Parnalls Team has been joined by Senior Solicitor, Stuart Hutchison.  Stuart attended Cardiff University and Law School at Chester. He has over

Hard work pays off for our Trainee Legal Executive.

We are delighted to announce Claire Wicks has passed her final Level 6 Exam through the Chartered Institute of Legal Executives.  Claire originally from Launceston attended Launceston College and afterwards Cornwall College completing the CILEx Level 3 Diploma in Law and Practice.  Claire began working full time at Parnalls in 2010 and steadily progressed through

Katherine Scott Flashman Kitson celebrates 20 years

THE director at Parnalls Solicitors in Launceston, Katherine Scott Flashman Kitson, formerly Parnall, is celebrating 20 years at Parnalls this year, having started at the firm in January 1996. Katherine grew up in East Cornwall. She attended Oxford University, where she gained a first class degree in Law. After attending Law School she returned to