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Why terms and conditions should reflect your Company’s Business

Insights

Business terms and conditions are a vital framework setting out how commercial transactions will take place and what is expected of each party.
They contain the detailed terms that will accompany a contract, providing the signatories with the rules that will govern their commercial relationship.

Glossary of Insolvency Terms

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With the impact of COVID-19, there will inevitably be a rise in businesses or individuals engaged in insolvency procedures. We set out below some of the most commonly used insolvency terms.

UPDATE: IR35 POSTPONED

Insights

On 17 March 2020 the Chief Secretary to the Treasury, Steve Barclay, announced that the proposed extension to the Off Payroll Working Rules (IR35) would be postponed by 12 months to April 2021 while businesses cope with the Covid-19 pandemic.

When a franchisee becomes insolvent

Insights

Where an insolvent corporate franchisee is about to close its business, franchisors may look for a potential solution to try to retain goodwill in the brand in that particular territory...

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