What warranties and indemnities must I give when selling a business?

Warranties and indemnities play an integral part in the process of selling a business. They provide the buyer with assurances about potential future outlay after the purchase has gone through, and help them deal with the unforeseen business-related issues that could arise. In the case of a limited company, purchasers take over the existing and […]

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What is the law regarding company director redundancy?

When determining a company director’s eligibility to claim redundancy, it is important to consider a number of factors based around their general working relationship with the company. When a limited company is liquidated, the appointed insolvency practitioner will seek to establish whether a director is also an employee of their company, in which case they […]

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What is statute barred debt?

When a debt has been outstanding for some time, with no payments being made or communication from the debtor, the debt can become what is known as ‘statute barred.’ When debts are statute barred it means they’re no longer enforceable, and the debtor is not required by law to pay the amount outstanding. The Limitation […]

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Do I need to contribute more to an IVA if my financial situation improves?

An Individual Voluntary Arrangement (IVA) is a flexible debt solution that generally lasts for five or six years. At the outset, a licensed insolvency practitioner (IP) assesses your income and essential living expenses, and negotiates an affordable sum to repay creditors based on your financial position at the time. During the IVA term, however, it […]

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Can an accountant’s mistake lead to a professional negligence claim?

Although business owners and company directors are ultimately responsible for ensuring their compliance with HMRC, it is natural to want to seek compensation if they have suffered a material loss due to an accountant’s mistake. Professional input to a business can be costly, and there is usually high expectation on the part of clients that […]

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January and February see spikes in online divorce legal searches

According to Google search statistics, January 2016 and January 2012 were the two most popular months for divorce searches in the last ten years, and it is consistently proven to be the busiest time of the year for solicitors who handle divorce and the financial and conveyancing issues surrounding separation. According to The Independent, January 8th is […]

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How important is no win, no fee to your online presence?

There is no denying, that when it comes to making a personal injury claim, no win, no fee is exceptionally important for your clients. It allows many people to pursue personal injury claims they otherwise would not, which is great news for you, and for your client. However, how can you utilise the power of […]

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Does using a messenger service improve how much business you get from your website?

The way in which law firms acquire clients has dramatically changed in recent years. When just a decade ago, you no doubt acquired most of your clients by word of mouth, or because they saw your office near where they live or work, the digital revolution has meant that nowadays, the internet can be your […]

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Wilford Smith: A modern law firm incorporating new internet technologies

With continuous changes and evolution taking place in the legal sector, and numerous challenges facing law firms who carry out their business in a “traditional” manner, Wilford Smith has chosen to position itself at the forefront of legal technology to provide a superior service to our clients. We have chosen to utilise modern internet strategies […]

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How to hire a Process Server to serve court and legal papers

If you are involved in a court case or legal process, you may need to hire a process server. A process server is trained to handdeliver important legal documents to their intended recipient. You may wonder why you can’t simply send these documents in the post? Using a process server will ensure that the recipient […]

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