The latest news from Machins Solicitors LLP

Are you ready to hand over your business in the right way?

After many years building up a business, directors often worry about how to bow out successfully while ensuring that the firm continues to thrive.

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Landloard wins appeal over money owed by insolvent tenant

A landlord company has won its appeal to be paid money owed by a commercial tenant which had gone into administration before completing the surrender of its lease.

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Government to consider tougher action against late payers

The government is looking at ways to ensure that large businesses pay their suppliers on time.

The Prompt Payment Code (PPC) was set up in 2008 to encourage companies to pay invoices within the agreed timescalen.

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Engineers must pay damages for breaching contract

An engineering firm has lost its appeal against having to pay damages to an airline company. The case involved a breach of contract by the engineers. They had an agreement with the airline that they would service aircrafts at a specified hourly rate. However, the airline was not obliged to use the services.

Could a 'pre-nup' help smooth in-house disagreements?

Running a business is never easy and the economic downturn of the last few years has only added to the difficulties.

Companys consfusion over the term director proves costly

The term director is often applied to people running a company even though they aren’t officially listed as directors.