Invoice financiers are gearing up for the introduction of the GDPR which will introduce significant reforms to data protection law, and are keenly interested in the outcome of discussions which are likely between UK Finance and the Information Commissioner’s Office (“ICO”).Continue Reading
It was almost 3 years ago in December 2014 when the Government announced its intention to bring forward legislation outlawing bans on assignment in commercial contracts.Continue Reading
Following an extensive consultation process since 2009 the final version of the Pre-Action Protocol for Debt Claims as dictated by the Ministry of Justice came into force on 1 October 2017.Continue Reading
There has been much debate and comment amongst invoice financiers and others following the recent landmark decision of the High Court in BHL v Leumi ABL Ltd  EWHC 1871 (QB), but we have to point out that the decision did not come as a surprise to everyone.Continue Reading
Escalate, Bermans ground-breaking commercial dispute resolution process for SMEs, has been named ‘Innovation of the Year’ at this year’s British Accountancy Awards.Continue Reading
July 2013 heralded the introduction of fees in the Employment Tribunals (ETs) and Employment Appeal Tribunal (EAT), with the Government proclaiming its aims were to discourage claimants from pursuing weak “nuisance” claims and to reduce the cost of the system to the tax. While at first glance these would seem to be perfectly reasonable objectives, there was in fact a steep drop in the level of claims by around 66-70%, with ACAS reporting that 1 in 10 potential claimants that contacted them decided against issuing a claim specifically because they could not afford the fees, which at up to £1,200 were not insubstantial.Continue Reading
Many businesses will take on business premises for a fixed time period and then only consider important milestone dates once they arrive, sometimes using a reminder from their landlord as a trigger.
Bermans can help you take control of the process and put you in a better bargaining position with your landlord by considering all options. We are offering a FREE lease review service and have created this simple step by step guide to help you.
Whilst being nothing new to the market place, the Enterprise Investment Scheme (EIS) introduced over 20 years ago has been the launch pad for many ideas and developments that have gone on to bring great return and growth for small high risk companies that would have otherwise struggled to raise debt or equity finance.Continue Reading
Suppliers will often not consider on what basis they are contracting for the supply of goods or services. This may be as they feel they can deliver on the contract and so there is no risk. Often, the issue for many is that they do not foresee a potential liability arising. Others may believe that they are contracting on their standard terms of business, though often these are not brought to the attention of the customer, either at the point of contracting, or at all. This note examines the potential issues facing a supplier through lack of a suitable contract.Continue Reading
In the case of BHL v Leumi ABL Ltd  EWHC 1871 (QB) the High Court required an invoice discounter to refund excessive collection fees charged after the administration of Cobra Beers Limited.Continue Reading