News and Insights

News and Insights

Preferential Payments: A Legal Guide For UK Directors

Preferential Payments: A Legal Guide For UK Directors

If you or your company are facing serious financial difficulties and can’t pay your debts (or your debts are greater...
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Constructive Dismissal: The Ultimate Employer and Employee Guide

Constructive Dismissal: The Ultimate Employer and Employee Guide

Constructive dismissal is a complex but crucial area of employment law that every employee and employer should understand. Not least...
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Without Prejudice Save As To Costs: What Does It Actually Mean?

Without Prejudice Save As To Costs: What Does It Actually Mean?

In legal proceedings, settlement negotiations often involve “without prejudice” communications. This protection ensures any discussions or offers made cannot be...
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Without Prejudice: A Comprehensive Guide

Without Prejudice: A Comprehensive Guide

Without prejudice is frequently used in legal and professional negotiations. Simply put, it is an official term that shields communications...
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Dubai Arbitration Week 2024

Dubai Arbitration Week 2024

Seminar: Navigating recovery strategies in insolvencies: UAE/UK perspectives   Summit Law's dispute resolution lawyers, Jeremy Boyle and Alice Lithgow, are...
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Overdrawn Director’s Loan Account (2026 Legal Guide)

Overdrawn Director’s Loan Account (2026 Legal Guide)

A director's loan account (DLA) is a record of any money a director either borrows from or lends to the...
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Understanding Transactions At Undervalue (TUV)

Understanding Transactions At Undervalue (TUV)

For directors managing financially distressed companies, a comprehensive understanding of transactions at an undervalue (TUV) is not just beneficial, but...
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Wrongful Trading: A Comprehensive Guide For UK Directors

Wrongful Trading: A Comprehensive Guide For UK Directors

Under UK law, directors are required to act in the best interests of the company and its creditors, especially during...
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Misfeasance in Insolvency: A Director’s Guide

Misfeasance in Insolvency: A Director’s Guide

Misfeasance occurs when someone in a position of responsibility (e.g. company directors, officers, or other fiduciaries) carries out their duties...
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