Recent Blog Posts
August 21, 2017
“Only when the tide goes out do you discover who has been swimming naked” (Warren Buffett) No matter how large or small your business, no one […]
July 21, 2017
Case Study 1 (Business fraud) We were asked by a firm of accountants to speak to their client, a large limited company within the pharmaceutical sector. […]
July 15, 2017
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...
July 10, 2017
Companies can fail for a variety of reasons and there are times when honest and hard-working individuals find they can no longer trade out of their […]
June 11, 2017
“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 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
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
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
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
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...