News & Views

UK businesses are in an extended period of uncertainty, and corporate insolvencies are at their highest since 2014, according to the Insolvency Service. The impacts are most visible on the high street where news of established brands going under is a regular occurrence.  This is, unfortunately, only going to be accelerated by Covid-19 and the …

On 25 May 2018 the General Data Protection Regulation (GDPR) came into effect, and was heralded as the EU’s biggest shake up of data protection regulation to date. In the run up to ‘GDPR-Day’ we were inundated with emails from businesses asking us if we wanted to “stay in touch” and asking us to re-consent …

In a decision last week (16 May 2018), the Supreme Court held that a variation clause (also known as a no oral modification (NOM) clause) is legally effective, restoring the order of the County Court which had been overruled by the Court of Appeal. Variation or NOM clauses are commonplace in contracts for various reasons …

The Chancellor’s upbeat spring statement and predictions of the economy growing faster than expected, will hopefully provide some reassurance and optimism for UK businesses and investors. As a business owner, you are no doubt constantly seeking to grow and invest in your business, whatever the economic conditions and political uncertainties, such as Brexit. One way …

Whether you are the landlord or the tenant, you need to think carefully at the time of signing a new lease about what happens when the lease comes to an end.  A manufacturing company, for example, who has invested in the installation of specialist plant and machinery at a property, will want that lease to …

With the new UK Company Law coming into effect from April here is an explanation of the effects of the Small Business, Enterprise and Employment Act 2015. The Small Business, Enterprise and Employment Act 2015 (SBEE) materially reforms UK company law which will impact on companies of all sizes. Broadly speaking, the changes are aimed …

The Sherrards’ corporate team worked with their clients Robert McGregor and Eamonn McGarvey on the acquisition of the issued share capital of Hugh LS McConnell Ltd in a buy-in management buy-out (“bimbo”) and creating a new company, “McConnell Group”.  With a strong track record in roofing, cladding and external coatings the aim is to turn …