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Author Archives: craig
Update on Alternative Business Structures
ABS applications now being considered – 15 believed to have been submitted already Today marks the culmination of years of planning and speculation about Alternative Business Structures, otherwise known as ABS’s, which represent the biggest change to legal service provision … Continue reading
Claims against the solicitors compensation fund increase
Solicitors Regulation authority pays out increasing amount in claims Solicitors get a bad rap generally and often clients simply do not understand that while hourly rates are high and the perceived value of work to prevent future problems is low, … Continue reading
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Is the personal injury market “grubby”
Is the personal injury industry really “grubby” or essential for deserving accident victims? Former Justice Secretary Jack Straw recently hit out at the personal injury industry and the epidemic compensation culture that allegedly currently exists in the UK. According to … Continue reading
Personal liability despite corporate entity
Interesting US case on piercing the corporate veil Whilst the legal system in the US is different to the English system, this case in nevertheless of interest and might signal a shift towards personal responsibility and liability generally in Western … Continue reading
Posted in Commercial law, company law
Tagged copyright, corporate law, personal liability
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Liability of partners
Partnership liability The liability of partners to 3rd parties for each other’s acts, (joint, joint and several or several) will vary depending on the acts in question. For example: Partners are jointly responsible for the contractual debts of a partnership … Continue reading
Posted in Commercial law
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Exclusion clauses
Exclusion Clauses and Limitations of Liability in Business Contracts Contracts drafted by solicitors will typically include exclusion clauses to expressly exclude or limit their clients’ liability under the contract. The law provides that in order to be effective exclusion … Continue reading
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Problems problems
More problems for law firms … this time it’s the banks Law firms have tended to be viewed as relatively low risk by the banks in the past, but this appears to have changed, partly perhaps due to overall credit … Continue reading
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