Recent Blog Posts

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July 15, 2017
Summit Law Corporate Insolvency Solicitors

Director disqualification FAQs

What is meant by director disqualification? A disqualification order is made under the Company Directors Disqualification Act 1986 by the Court. The Act applies to a person who has been formally appointed as a director and so to someone who has carried out the functions of a director and to shadow directors...
June 11, 2017
Summit Law Corporate Insolvency Solicitors

Shareholder disputes

“A person with an enterprising attitude says, ‘Find out what you can before action is taken.’ Do your homework. Do the research. Be prepared. Be resourceful. […]
December 7, 2016
Summit Law Corporate Insolvency Solicitors

Summit Law LLP secures top accolade from National Law Society

Summit Law LLP secures top accolade from National Law Society. Central London law firm, Summit Law LLP, has secured a renewal of the Society’s much coveted legal practice quality mark, Lexcel. Lexcel is developed specifically for the legal profession...
December 7, 2016
Summit Law Corporate Insolvency Solicitors

“POST BREXIT – HOW DO I RECOVER A DEBT FROM A CLIENT IN EUROPE?”

So you did some work for a client in Madrid and you are based in England. In the event of non-payment, how do you recover the sum due to you under your invoice for professional accountancy services provided?
December 7, 2016
Summit Law Corporate Insolvency Solicitors

Encompass Corporation LASPO Survey on Insolvency

The biggest risk area is around contracts, particularly in the SME sector, where businesses may not have the resources to pursue a costly claim. The warning comes after a change to LASPO that came into force in April which now means that businesses are unable to insure...
December 7, 2016
Summit Law Corporate Insolvency Solicitors

When You Have Not Been Reasonably Provided For (Case Study of a Claim under the Inheritance (Provision for Family and Dependents) Act 1975) (“the Inheritance Act”)

In late 2014 Summit Law LLP was approached by a client. He was a young man, just 18 at the time and unfortunately his father had died. Our client was distressed. After his father’s death a Will materialised leaving a small legacy to him and other small legacies to friends and...
December 7, 2016
Summit Law Corporate Insolvency Solicitors

Costs of providing documents pursuant to Section 236 of the Insolvency Act 1986 not recoverable from the insolvency estate as the duty is a ‘public duty’

The High Court case of Harvest Finance Ltd (in liquidation) v Cannons Law Practice LLP and another [2014] EWHC 4327 (Ch) considered whether an order should be made that the costs incurred by a law firm in providing documents be met by the insolvent estate...
December 7, 2016
Summit Law Corporate Insolvency Solicitors

Bankruptcy threshold rises to £5,000

The bankruptcy threshold will increase to £5,000 for creditors' bankruptcy petitions presented after 1 October 2015 as set out in the Insolvency Act 1986 (Amendment) Order 2015. Should a bankruptcy petition be presented prior to this date, the current minimum...
December 7, 2016
Summit Law Corporate Insolvency Solicitors

Overdrawn Directors’ Loan Accounts

In this two part series, solicitor and founding partner Jeremy Boyle of Summit Law LLP and Barrister Louise Bowmaker of Enterprise Chambers, take a look at the legislation relating to directors' overdrawn loan accounts.
December 7, 2016
Summit Law Corporate Insolvency Solicitors

London Fraud Forum

Founding partner and solicitor Jeremy Boyle has been invited to talk on 11 March 2015 by the London Fraud Forum hosted by Grant Thornton. The seminar will focus on recoveries in the public sector.