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a stressed individual after being accused of wrongful trading

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 periods of financial distress. Wrongful trading occurs when directors continue to operate the company despite knowing there is no realistic chance of avoiding insolvency, thereby breaching their legal duties. In this helpful guide, we explore […]

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Employment Contracts: Definition, Types & Benefits

What is a contract of employment? A contract of employment is a legally binding agreement between an employer and an employee. It outlines the terms and conditions of the relationship, including the role, responsibilities, work hours, compensation, benefits, and other working conditions. Why staff employment contracts are essential An employment contract protects both parties by

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Commercial Arbitration: What Is It, Types & Benefits

What is Commercial Arbitration? Commercial arbitration is a method for resolving business disputes. Unlike traditional court litigation, arbitration offers a private, streamlined, and often more efficient way to handle company conflicts. Corporate arbitration can address a wide range of disputes, from breaches of contract to complex financial disagreements. This quick guide explores international commercial arbitration,

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The image depicts two shipping containers to highlight the topic on commercial litigation. A commercial dispute exists between two companies, where company A (red container) has breached a commercial contract with company B (blue container). The two parties are undergoing commercial dispute resolution to help resolve the differences and seek an amicable outcome.

Commercial Litigation: Definition, Common Types & Solutions

Commercial Litigation Commercial litigation is a proven method for resolving commercial disputes, helping businesses achieve legally binding outcomes that protect their financial and operational interests.   To help you navigate the complexities of legal conflicts in the commercial world, this comprehensive guide provides an overview of what commercial litigation entails, explores common types of commercial

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International Arbitration Explained

International arbitration resolves disputes between companies or individuals from different countries. Offering an unbiased way to resolve cross-border disputes, international arbitration is often more agreeable than using one party’s national court. However, getting to grips with international arbitration can be difficult. In this extensive international arbitration guide, we provide a handy overview of international arbitration,

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Image depicts a list of binders for an article relating to the Insolvency Act 1986.

Insolvency Act 1986 – Everything you need to know

What is the Insolvency Act 1986? Insolvency happens when an individual or business runs out of money and can no longer meet its financial obligations. The legal framework for dealing with personal and corporate insolvency is primarily governed by the Insolvency Act 1986. The Insolvency Act 1986 covers: The process by which individuals or companies

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A lady looking out of the window after falling victim to wrongful dismissal by her employer. She is in deep thought, contemplating whether to contact wrongful dismissal lawyers to gain compensation from being treated unfairly by her former employer.

Wrongful Dismissal – The Ultimate Legal Guide

If an employer does not follow the correct procedures when dismissing an employee, they may face a claim of wrongful dismissal and a potentially large compensation payout. Most commonly, wrongful dismissal involves sacking an employee without notice and without payment in lieu of notice. Employment termination can be complex and challenging, and understanding your rights

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A woman places a 'Closed' sign on the window of her small business, marking a somber moment of company insolvency. This act signifies the difficult decision and impact of financial challenges on her once-thriving establishment.

The Ultimate Legal Guide To Company Insolvency & Bankruptcy

According to insolvency experts, more than 47,000 UK companies are on the brink of collapse. High interest rates, inflation, increasing costs, and weak consumer confidence have all contributed to a difficult economic climate that many businesses are finding challenging to overcome. Nevertheless, while bankruptcy and insolvency remain real and pressing concerns, economic problems don’t usually

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