Category Archives: Company & Commercial

Increased transparency on the horizon: new reporting obligations for corporate entities

Transparency: new rules will require companies to keep publicly available registers showing people with "significant control" as well as details of the company's payment practices. The Small Business, Enterprise and Employment Act 2015 (the "Act") was signed into law on 26 March 2015. The contents of the Act can be traced back to the UK's…
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The Consumer Rights Act 2015

New rights and remedies for consumers under hire purchase conditional sale and hire agreements from 1 October 2015 Amongst other things, the Consumer Rights Act 2015 ("the Act") overhauls consumer rights and remedies in relation to defective goods. These were set out in a piecemeal fashion in a variety of laws, some of which implemented…
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Pension Protection Fund issue new pre-pack administration guidance

New guidance from the Pension Protection Fund (PPF) regarding pre-packaged administrations (pre-packs) outlines their approach to pre-packs when the same insolvency practitioner (IP) proposes to continue as office holder in any subsequent liquidation or company voluntary arrangement (CVA). The PPF has long highlighted the risk that a pre-pack can often be used to avoid a…
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