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  • Article

    Kick-Start Publishing Passes Ownership To An Employee Ownership Trust With Help From Cripps

    Kick-Start Publishing Limited, a reputable publisher focusing on the contract flooring and tiling sectors, has passed into 100% employee ownership via an Employee Ownership Trust (EOT).
    United KingdomCorporate/Commercial Law
    PDT Solicitors
    PDT Solicitors
  • Article

    Winding-Up Petitions– The Latest Suspension

    There is significant relief for debtor-companies this Christmas, as the Corporate Insolvency and Governance Act 2020 (Coronavirus) (Extension of the Relevant Period) (No. 2) Regulations 2020...
    United KingdomCorporate/Commercial Law
    PDT Solicitors
    PDT Solicitors
  • Article

    My Invoice Remains Unpaid – Am I Too Late To Issue Legal Proceedings?

    The general rule is that if it becomes necessary to issue legal proceedings to recover an unpaid invoice, then the creditor must do so within the statutory time limit...
    United KingdomFinance and Banking
    PDT Solicitors
    PDT Solicitors
  • Article

    The Government Has Announced The First Major Steps In Phasing Out The Temporary Insolvency Measures Which Have Protected Debtors During The Pandemic

    These measures will come into force from 1 October 2021, to continue in force until 31 March 2022.
    United KingdomInsolvency/Bankruptcy/Re-Structuring
    PDT Solicitors
    PDT Solicitors
  • Article

    So You Want A Resolution?

    On New Year's Eve my husband said "what's your resolution for 2023?" For the first time in many years I hadn't thought about it. Work deadlines, a young son, Christmas preparations...
    United KingdomStrategy
    PDT Solicitors
    PDT Solicitors
  • Article

    Regeneration And Leveling Up – High Street Auctions Set For Green Light

    Despite industry objection (including the British Property Federation referring to the plans as a "political gimmick") it appears proposals to give local authorities the right to let vacant premises...
    United KingdomReal Estate and Construction
    PDT Solicitors
    PDT Solicitors
  • Article

    Update On Employee Ownership Trusts

    Having been with us for almost 10 years the Government has now launched a consultation on the taxation of Employee Ownership Trusts (EOTs) and other employee benefit trust arrangements.
    United KingdomCorporate/Commercial Law
    PDT Solicitors
    PDT Solicitors
  • Article

    Personal Guarantees – When Blue Turns To Grey

    It's not often we reflect on cases we lost. However, a recent case on personal guarantees has reminded us of the risks that financiers face when a Court is asked to decide between the evidence ...
    United KingdomInsolvency/Bankruptcy/Re-Structuring
    PDT Solicitors
    PDT Solicitors
  • Article

    Are You Winding Me Up? – A Successful, But Cautionary Tale

    As anticipated in our last article, the temporary restrictions in relation to winding up petitions were lifted on 1 April 2022.
    United KingdomInsolvency/Bankruptcy/Re-Structuring
    PDT Solicitors
    PDT Solicitors
  • Article

    Lessons On A Lease By A Litigator: "Things I Wish I'd Known Before I Signed…"

    As a litigator, I regularly act for landlords or tenants where disputes have arisen in relation to their commercial lease and only too often I hear phrases like "I wish I'd known my lease said that" or "I wish I had insisted on including that provision in my lease".
    United KingdomReal Estate and Construction
    PDT Solicitors
    PDT Solicitors
  • Article

    Court Refuses To Impose Pandemic Clause In Terms Of Renewal Lease

    In a decision which will serve as a welcome relief for landlords, the County Court has refused a tenant's request to include a clause in a business renewal lease...
    United KingdomReal Estate and Construction
    PDT Solicitors
    PDT Solicitors
  • Article

    Protecting Future Costs In Litigation – Introduction Of The New Precedent T Form And Procedure From 1 October 2020

    The Court's procedure on costs budgeting is to undergo a further shake-up, with the introduction from 1 October 2020 of new rules for varying costs budgets through the use of the new "Precedent T" procedure.
    United KingdomLitigation, Mediation & Arbitration
    PDT Solicitors
    PDT Solicitors
  • Article

    Commercial Landlords – Get Ready Now For 1 April 2023?

    It may be April fools day but 1 April 2023 is also the day on which the next round of EPC Regulations come into force as part of the government's push to achieve net zero emissions by 2050.
    United KingdomReal Estate and Construction
    PDT Solicitors
    PDT Solicitors
  • Article

    Not Another Deadline…

    In the midst of a global pandemic, when a number of businesses are focusing on survival, the last thing on many directors' minds is meeting Companies House filing deadlines in respect of accounts...
    United KingdomCorporate/Commercial Law
    PDT Solicitors
    PDT Solicitors
  • Article

    Commissions – The Drive Towards Transparency

    The Court of Appeal recently considered two appeals concerning the payment of commissions by lenders, and the ruling of the Court has caused some serious fluttering in the dovecots.
    United KingdomFinance and Banking
    PDT Solicitors
    PDT Solicitors
  • Article

    Section 431 Election – What Is It And Should I Sign It?

    In short, you are at risk of an income tax liability if you sell shares which you acquired by reason of, or which are in some way connected to, your employment. However, if you have made a Section 431 election...
    United KingdomTax
    PDT Solicitors
    PDT Solicitors
  • Article

    Ground Rents Abolished…. (The Times, They Are A - Changin!)

    The government has confirmed the abolition of ground rents in residential leases in England and Wales from 30 June 2022 under the new Leasehold Reform (Ground Rent) Act 2022.
    United KingdomReal Estate and Construction
    PDT Solicitors
    PDT Solicitors
  • Article

    When Keeping It Simple Isn't That Simple - Overage Agreements In Property Transactions: A Quick Guide To "What, Why, When And How?"

    In simple terms Overage, or as it is sometimes called a "clawback", an "uplift" or an "anti-embarrassment" payment is an additional sum of money that may be paid to the Seller of land...
    United KingdomReal Estate and Construction
    PDT Solicitors
    PDT Solicitors
  • Article

    Lessons On A Lease By A Litigator May 22

    Welcome to the second instalment of ‘Lessons from a litigator – things I wish I had known before I signed'.
    United KingdomReal Estate and Construction
    PDT Solicitors
    PDT Solicitors
  • Article

    Debt Respite Scheme Regulations 2020 – More Protection For Individual Debtors

    The Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020 (the "Regulations") come into force on the 4 May 2021...
    United KingdomInsolvency/Bankruptcy/Re-Structuring
    PDT Solicitors
    PDT Solicitors

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