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So far lincolnroweft has created 57 blog entries.

Shareholder rights and remedies: How can I resolve a shareholder dispute?

Shareholder remedies: How can I resolve a shareholder dispute? When a shareholder’s rights have not been observed by a company and/or its directors, it is possible for them to ask the court to impose a fair remedy. There are three bases on which an application can be made to the court for shareholder remedies

Shareholder rights and remedies: How can I resolve a shareholder dispute?2024-01-26T13:04:56+00:00

Breach of contract explained and the 7 questions you need to ask

Breach of contract explained and the 7 questions you need to ask Contracts form the basis of legal agreements in all areas of life. They do not have to be in writing, although most are, particularly when dealing with business matters. Every valid contract must have four key elements: offer, acceptance, consideration (ie. something

Breach of contract explained and the 7 questions you need to ask2024-01-16T12:19:24+00:00

Director Disqualification: what do I need to know?

Director Disqualification: what do I need to know? When a company director fails to carry out their legal responsibilities, they run the risk of being disqualified. This can be a lengthy procedure resulting in a period of disqualification during which it is not permitted to form, promote or manage a company. The main law

Director Disqualification: what do I need to know?2023-12-04T15:27:19+00:00

Received a winding-up petition? 9 things you need to consider

Received a winding up petition? 9 things you need to consider A winding up petition is a legal document that can be served by a company’s creditors when they are owed money by the company. If the debt amounts to £750 or more, then a creditor has the right to go to court and

Received a winding-up petition? 9 things you need to consider2023-12-04T15:27:45+00:00

What Are My Rights in Shareholder Disputes?

What Are My Rights in Shareholder Disputes? It is often the case that disputes arise between shareholders and company directors. Those involved may have different opinions in respect of the direction of the company, be concerned about the level or risk or debt being taken on or believe that decisions are being made that

What Are My Rights in Shareholder Disputes?2023-11-09T14:39:47+00:00

What are the different types of misrepresentation?

What are the different types of misrepresentation? When entering into a business contract, a variety of statements are usually made setting out the details and background of the deal. If someone enters into a contract in reliance on a statement that later turns out to be untrue, this is misrepresentation. The false statement does

What are the different types of misrepresentation?2023-09-18T14:48:47+01:00

What Are Directors’ Duties When a Company Is Insolvent?

What Are Directors’ Duties When a Company Is Insolvent? If a company becomes insolvent, it is crucial that its directors comply with their legal duties. Failure to do so can result in personal liability for the company’s debts as well as legal action and disqualification from being a company director or being involved in

What Are Directors’ Duties When a Company Is Insolvent?2023-09-13T16:24:58+01:00

Minority shareholder disputes: What are your rights?

Minority shareholder disputes: What are your rights? While minority shareholders have limited powers under the terms of the Companies Act 2006, a dispute can cause substantial disruption to a company if it is not dealt with promptly. Disagreements can arise when shareholders object to a certain course of action, when they believe that directors

Minority shareholder disputes: What are your rights?2023-08-16T15:37:04+01:00

Supreme Court decision on litigation funding causes concern

Supreme Court decision on litigation funding causes concern A recent Supreme Court case has cast doubt on the validity of certain types of litigation funding agreements or LFAs. We look at the detail of R (on the application of PACCAR Inc and others) (Appellants) v Competition Appeal Tribunal and others (Respondents) [2023] UKSC 28. 

Supreme Court decision on litigation funding causes concern2023-08-09T11:48:07+01:00

A guide to remedies for breach of contract: Disputes, resolutions and damages

A guide to remedies for breach of contract When one party to a contract fails to fulfil their obligations under it, it's classed as a breach of contract. Where the other party suffers a loss because of this, they are entitled to ask for a remedy. Before taking action against breach of contract, it

A guide to remedies for breach of contract: Disputes, resolutions and damages2023-07-24T14:40:34+01:00

11 Key Differences Between Arbitration vs Litigation

11 Key Differences Between Arbitration vs Litigation Dealing with a legal dispute is never easy. By involving an expert dispute resolution solicitor early on, you stand the best chance of the right outcome. Options open to you include arbitration and litigation. We look at what arbitration and litigation are as well as 11

11 Key Differences Between Arbitration vs Litigation2023-07-17T16:29:17+01:00

What are directors’ duties and what happens if they are breached?

What are the duties of a company director and what happens if they are breached? Company directors have a number of duties imposed on them under the Companies Act 2006 as well as under common and other laws. Failure to carry out directors' duties can result in substantial penalties, including personal liability for

What are directors’ duties and what happens if they are breached?2023-06-16T12:03:43+01:00

Negligent Misrepresentation vs. Fraud: Understanding the Key Differences

Negligent Misrepresentation vs. Fraud: Understanding the Key Differences When you enter into a contract with another party, you should be able to rely on the representations that have been made to you before you enter into the agreement. If these statements have induced you to agree to the deal and they turn out to

Negligent Misrepresentation vs. Fraud: Understanding the Key Differences2023-06-15T17:07:32+01:00

Fraudulent misrepresentation: How to prove it and how to deal with it

Fraudulent misrepresentation: How to prove it and how to deal with it Fraudulent misrepresentation is the most grave type of misrepresentation and is taken very seriously by the courts. It arises when someone relies on false information presented to them and as a result enters into a contract. An example would be buying something

Fraudulent misrepresentation: How to prove it and how to deal with it2023-06-15T14:09:32+01:00

Do we still need lawyers now that there’s ChatGPT?

Do we still need lawyers now that there’s ChatGPT? AI, and more specifically ChatGPT, has exploded onto the scene, shocking individuals across a wide range of industries into asking, ‘Will it replace me?’. We take a look at whether it’s time to get rid of lawyers. The ChatGPT explosion, what it does, and where

Do we still need lawyers now that there’s ChatGPT?2023-06-15T17:05:56+01:00
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