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News entries in Finance
Limited companies have started making the necessary enquiries of their members to ensure they are ready to enter accurate and complete information in a new, mandatory statutory register of Persons with Significant Control (PSCs) from April.
Businesses disputing the meaning of clauses in commercial contracts may find the courts uphold the terms, even if they are commercially disastrous, following a Supreme Court decision.
Leading Lancashire law firm Marsden Rawsthorn has joined forces with Torquil Clark, Independent Financial Advisers, to launch Marsden Rawsthorn Wealth Management, becoming the first solicitors in the region to offer such a service.
Launched in January 2013, the new joint venture will provide investment, retirement, estate and protection planning for high net-worth individuals, helping them to gain greater control over their personal finances.
Last week saw the launch of the Preston Tax Club hosted by Marsden Rawsthorn in conjunction with DTE Taxation Director Alan McCann, who currently runs a number of successful tax clubs around the North West.
Twenty six practices attended the tax club which is designed to act as an informal get together for professionals in practice to discuss tax issues, and is held at Marsden Rawsthorns offices in Fulwood every quarter. Each meeting will also feature a guest speaker, the guest speaker for this event was Rob McCann of The VAT People.
Unlike many of the fresh young legal faces I come across in the course of representing clients in the area of Employment Law, I’m old (and wise?) enough to remember the last recession. It was a time of cut, thrust and confrontation. Of deadlock, wild cat strikes, picket lines and walk outs. All too often both employers and employees would emerge from the process financially or commercially wounded - sometimes fatally.
When the banks shut up shop in the wake of the economic meltdown of early 2008, many property speculators left the market. But, according to Commercial Property Lawyer Stephen Hodgson of Marsden Rawsthorn, cash rich investors are now returning in increasing numbers to find rich pickings amongst the post-crunch wreckage.
We recently hosted a breakfast roundtable event in conjunction with Lancashire Business View. With the recession biting deep we brought together a number of experts to examine the strategies needed to ensure profitability in the current economic climate.
Karl Wilson, Partner and Litigation specialist at Marsden Rawsthorn believes that many businesses are delaying payment to assist with cash flow. However they are unaware of the penalties that can be enforced when a supplier takes action to recover late payments and often end up paying substantially more as a result.
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