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Are
you "up with the
e-revolution"? | |
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Regulated by the Solicitors Regulation
Authority
Registered Office:
Bramley House
The Guildway
Old Portsmouth Road
Guildford Surrey
GU3
1LR
Registered Number: 2996700
Vat No: 605 4544 74
Phone: 01483 457500 Fax: 01483 457700
Website: www.lovetts.co.uk
Email: marketing@lovetts.co.uk
A list of Directors can be inspected at the
Registered Office |
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Are you "up with the e-revolution"?
The electronic revolution of
emails, the internet, and e-commerce? Some love it, some hate it. We
love it because it makes information quick and accessible to
all.
You are used to seeing your
cases and documents online. Now we're extending a small pilot
so Lovetts monthly bills themselves go by email (provided you
want it that way) - introducing e-billing.
(This has only just been made legal by changes to the Solicitors
Act effective 7th March 2008).
Why? Your bill arives more
quickly, it saves paper, and most importantly it makes it easier and
quicker for you to circulate bills internally to other managers and
staff. If you'd like to be involved in the pilot starting this
summer, please contact Bernie Copland at Lovetts.
Kind regards
Charles Wilson, Managing
Director.
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More company law changes.....
Every 6 months,
another tranche of the Companies Act 2006 comes into force. You may
remember from our September 2007 news that on 1st October 2007 the
new duties on directors was enshrined in statute. So what
next?
From 6th April
2008 there is a single simplified set of regulations
for small businesses. Private companies have to file their accounts
one month sooner, they no longer have to have a company
secretary or even an AGM unless they really want one! For more,
see
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CCJs Quadruple!
The number of
companies being issued with county court judgments (CCJs) and
winding-up petitions has quadrupled, according to corporate
restructuring specialist Begbies Traynor. Insolvency Service figures
for the last quarter of 2007 show that year-on-year liquidations
were 2.1% down on the same quarter in 2006. Sadly, this trend now
seems to be reversed for the 1st quarter of 2008, as Insolvency
Service (2nd May) now show that the first quarter liquidations are
UP by 4% on the same quarter last year. It may significantly
increase in future quarters, with CCJs sharply
increasing.
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Banking code 2008
Hot on the heels
of last November's "2-4-6" days for cheque clearance, a new Banking
Code, produced by the British Bankers' Association (BBA), makes it
clear that banks will not be responsible for losses on online bank
accounts if consumers do not have up to date anti-virus,
anti-spyware and firewall software installed on their machines. Many
businesses now use online banking facilities and also need to ensure
they are fully protected.
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Can I cancel a contract?
Clients often
need advice because they want to cancel a contract with a supplier
or because a customer wants to cancel an order. Can they simply walk
away?
Let's assume that
a contract has come into existence, terms have been agreed, an offer
made and that offer accepted! It's always worth asking whether the
so-called 'deal' actually passes that test. If it has, then in
principle it cannot be cancelled on either side. Both are
bound to complete it. There would be no point in having a contract
if the parties could just walk away from it.
So if your
customer refuses to proceed, he may well have to pay you the lost
profit as damages for breach of contract. Or if a supplier reneges
on the deal he may have to pay the extra cost his customer incurs in
getting his supplies elsewhere.
There are only
two exceptions to this rule that a contract cannot be cancelled by
one side walking away:
As always,
this advice is general. Please consult us for detailed advice in any
particular case.
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Special
Sophie
Lovetts deputy-Manager in our Legal
Department is Becky Wood, seen here with her niece Sophie. Baby
Sophie has, very sadly, a very rare and serious progressive illness
which means that she needs, and her family needs, regular support in
her own home. Local children's hospice CHASE provides this care for
Sophie, and coincidentally, is only a few hundred yards from Lovetts
offices at Guildford.
When
Sophie was very ill a few months ago, she spent 6 weeks at CHASE's
hospice, so their work is very close to Becky's heart - and her
office!
So our
staff here like to support CHASE with Becky. As she will be
completing a 10K run on 6th July this year (with friend Julie) to
raise funds for CHASE, some of us will be supporting her, and if you
too would like to support Becky please go to www.justgiving.com/beckyandjulie
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