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Articles included this month:
Queen’s Speech: Brexit, employment rights and tenancies
Company awarded £176,000 damages over leaked information
Director caught out by having to repay loan ‘on demand’
Surge in number of businesses vulnerable to interest rate rises
Landlord’s notice to quit ‘invalid’ as it was sent to old address
Company prevents high-flyer from working for competitor
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| For more information call: 01582 514000 Visit www.machins.co.uk Follow @machinslaw |
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The Queen’s Speech announcing the government’s plans for the coming two years was dominated with Brexit as was widely expected.
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A company has been awarded £176,000 damages after an employee leaked sensitive information to rival firms. It has also been given permission by the Court of Appeal to pursue further compensation.
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Directors need to be clear about repayment terms when borrowing money from their company or using their loan account.
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More than 79,000 businesses in the UK say they would not be able to repay their debts if interest rates were to rise by even a small amount.
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A notice to quit was declared invalid because the landlords sent it to the tenant’s old address, even though they had been informed of the new one six years earlier.
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A company has enforced a restrictive covenant preventing a highly experienced employee from working for a competitor for six months.
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