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Cyber security – the risks to your organisation

rob-eakinsThe recent news that foreign exchange company Travelex is being held to ransom by hackers after a cyber attack is a reminder to organisations that cyber security is a business-critical issue. The gang claiming to be behind the hack have demanded £4.6m and explained that they hacked into the Travelex databases six months before the ransom demand was issued on 31 December 2019, spending that period downloading client data including names, dates of birth, credit card details and national insurance numbers.

The attack has led to Travelex taking down its website in 30 countries and turning off its computer systems. Could your business recover from such an attack asks Rob Eakins in our Commercial team?

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Universities forced to address the issue of fire safety full on

stephen-chalcraft

Following the Grenfell tragedy and the recent student accommodation fire in Bolton, the pressure is on for Universities to ensure that their whole estate is “fully fire safe”.

This doesn’t just require an extensive review of University owned and managed premises, but also a review of accommodation, teaching space and research facilities owned or operated by private providers and partners.  

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North West law firm strengthens employment law offering with new team

North west commercial law firm Bermans has recently strengthened their employment law offering with a new expanded team, welcoming four new solicitors to the department throughout 2019 so far.

The firm, which has offices in Liverpool and Manchester, put plans in place to expand their employment team to cope with increasing work loads during the previous financial year.

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IR35 – How will this impact your business?

If you are a business who has a turnover £10.2 million and have over 50 employees then the rule changes will affect you.

You will need to carry out determination status checks on your Contractors to assess whether they fall within or outside the IR35 rules. From a commercial point of view you may also need to change the way you take on Contractors so as to ensure it remains cost effective.

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Standstill Agreements

david-tournafond-1When is it okay to be out of time?

It is not unusual for parties and their legal advisers to agree, despite time limits set out in legislation, to disregard these time limits to give them an opportunity to try and agree their dispute without court proceedings. If they manage to do so they save significant sums on court fees and other associated costs of bringing the claim. If they don’t settle their dispute, they still have the option to pursue their claim, even if the time limits set out in the legislation has expired. Such agreements are referred to as ‘Standstill Agreements’.

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Is the blockchain compatible with the GDPR?

rob-eakins-headshotIn recent years, two popular topics of conversation have been the General Data Protection Regulation (GDPR) and the blockchain. The GDPR is legislation which provides new protection for individuals in relation to their personal data. The blockchain is a variant of distributed ledger technology, which some people believe will create new business models, cut costs, and provide new ways of verifying identity.

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Will I get my costs back? Update

andrew-koffmanWe shared this article in February 2017 and then this article in July 2017, which explained the current rules on recovery of costs by the winner of a court action from the loser. It had been proposed to introduce a “fixed recoverable costs” regime for business and other civil disputes, similar to the one for minor personal injury claims.

Two years on, what if anything has changed?

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Unsafe cladding concerns for apartment leaseholders and freeholders

andrew-koffmanThe Grenfell Tower fire in 2017 left 72 people dead, many injured and hundreds homeless and shone a spotlight on the construction of high-rise apartments. It was quickly concluded that the Aluminium Composite Material (ACM), that was used to clad the building, was the reason why the fire spread so rapidly and extensively.

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Bermans sponsors Blockchain Meetup

On Tuesday 3 September, Bermans sponsored the latest Blockchain Manchester Meetup, hosted by our friends at BlockRocket.

Our Head of Corporate, Jon Davage, was there to give the audience a brief introduction to the services Bermans offers to entrepreneurs in the tech sector. Also present was Rob Eakins from our Commercial and IP team, who has been a regular attendee at these blockchain meetups.

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Bermans advise Administrators of Bolton Whites Hotel Limited

The Manchester insolvency team at Bermans advised Andy Hosking, Sean Bucknell and Michael Kiely of Quantuma LLP as Administrators of Bolton Whites Hotel Limited.

The Hotel was a subsidiary of Bolton Wanderers Football Club and operated a 125 bed, 4- star hotel, from premises in the South Stand of Bolton’s Stadium. It provided conference, banqueting and leisure facilities and match day hospitality for the football club from a number of function suites and hospitality areas around the stadium.

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