In today’s fast-paced commercial environment, Supply Agreements are the backbone of many business operations. Whether you’re a manufacturer, distributor, or retailer, having a robust and legally sound supply contract is essential to mitigate risk, ensure continuity, and maintain strong commercial relationships.
Bermans has appointed a new head of its commercial team and a litigation partner as it continues to strengthen its ranks with key strategic hires.
All businesses should have robust terms and conditions in place which set out the legal framework for the relationship between the business and its customers. This will help to ensure clarity and protection for both parties involved in commercial transactions.
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Rob Eakins
Concern for the environment is at an all-time high. There is greater awareness, both on an individual and corporate level, of the impact of our daily activities and choices on the environment. ‘Sustainability’, ‘carbon footprint’ and ‘environmental impact’ are topics that now regularly appear on company websites and on their meeting agendas.
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Faizan Nayyar
The government has recently introduced new laws aimed at tackling corruption, money laundering and fraud involving corporate entities. The Economic Crime and Corporate Transparency Act 2023 (the Act) received royal assent on 26 October 2023, and aims to reform the way in which economic crime is tackled and to improve the transparency over corporate organisations.
Continue ReadingIntellectual property (IP) covers ‘creations of the mind’ which can include inventions, designs, symbols and names and logos used in business. It is protected by law (copyright, trademarks, and various other forms), allowing people to earn recognition and/or money from what they create. Like other property, IP can be bought, sold, or licensed. There are different types of intellectual property rights including:
Continue ReadingLast week, the UK Foreign Secretary, Liz Truss, announced a ban on certain professional and PR services exports from the UK to Russia. The banned services include management consulting, public relations and accounting. The Foreign Secretary commented that the ban will help to ensure that Putin fails in Ukraine, by cutting off service exports that are fundamental to the Russian economy.
Continue ReadingThe UK Government recently imposed sanctions on Russia in light of the ongoing crisis in Ukraine. Asset freezes have been imposed on a number of individuals and entities. More information on individuals and entities subject to an asset freeze (“designated persons”) can be found on the UK Government’s website: https://www.gov.uk/government/publications/financial-sanctions-consolidated-list-of-targets
Continue ReadingEcommerce has seen remarkable growth over recent years, especially during lockdown, and is changing the landscape of how people buy and sell goods and services. The growth in ecommerce is shifting activity away from the high street to digital means, which in turn is changing the way businesses operate. In addition, the popularity of marketplace platforms, such as Amazon and Facebook, has made this growth even more noticeable.
Continue ReadingRemember the introduction of the General Data Protection Regulation (GDPR) that overhauled data protection rules a couple of years ago and required lots of changes to how individuals’ data was stored and processed?
Since the end of the Brexit transition period on 31 December 2020, UK businesses now have two versions of the GDPR to take into account – the UK GDPR and the EU GDPR.
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