A recent decision in the Commercial Court provided some comfort to invoice financiers facing technical arguments in litigation as to the accuracy of invoices submitted to debtors
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Trainee Solicitor
Shona Jones joined Bermans in August 2023 and is currently a Trainee Solicitor in our Employment team based in Liverpool.
She studied Law at Liverpool John Moores University and has completed the Legal Practice Course. Shona has also obtained a Masters qualification with a distinction at Liverpool John Moores University .
Outside of work, Shona enjoys reading (mostly fiction). She also enjoys staying active, usually running, or hiking up the Welsh mountains and is currently training for her next marathon.
E: shona.jones@bermans.co.uk
T: 0151 224 0500
Andrew Koffman
This is our latest update as the introduction of a “fixed costs” regime for most civil court disputes, where the disputed amount is over £10,000 up to £100,000, draws ever nearer.
The implementation date is Sunday 1 October.
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Sophie Robertson
The Employment Relations (Flexible Working) Bill received its Royal Assent on 20 July 2023.
Under this legislation, employees will gain the right to make two flexible working requests in any 12-month period. This is a change from the current position, which limits flexible working requests to one in a 12-month period.
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ParalegalRachael joined Bermans in October 2014 and is a Paralegal in our Property team in Liverpool.
Rachael is experienced in residential conveyancing and ensures her clients receive a smooth and hassle free experience when purchasing or selling a property.
Outside of work, Rachael enjoys going to the gym, visiting art galleries and going to gigs, as well as working her way round Liverpool’s bars and restaurants with family and friends!
E: rachael.murphy@bermans.co.uk
T: 0151 224 0503
Rachael joined Bermans in May 2023 as a Solicitor in our Asset Based Lending team in Manchester.
Rachael graduated with a First Class Law Degree from Sheffield Hallam University in 2015. Following this, she attended BPP Law School, where she obtained a Distinction in the Legal Practice Course. She then qualified as a Solicitor in 2020.
She is experienced in real estate finance, general corporate finance, invoice finance and asset-based lending.
Outside of work, Rachael enjoys travelling, going on walks in the Lake District and spending time with friends.
Email: rachael.killworth@bermans.co.uk
Tel: 0161 393 7125
There are a few very few cases in the law reports dealing specifically with factoring or invoice discounting, so we always pay particular attention to those that are reported, and in this respect it is worth reflecting upon the recent decision of the High Court in Elevar Finance SPV Photon LLC v Mr Sabesan Somasundaram [2023] EWHC 151(Ch).
Continue ReadingThe Industry Working Group on Electronic Execution of Documents set up by the Government in response to the 2019 Law Commission Report has published its final report.
Continue ReadingThere has been understandable focus recently on the question of virtual witnessing of documents such as Deeds of Guarantee which require the presence of a witness, a topic dealt with in our last Briefing and to which we will return later in this one. It is important however to remember that the vast majority of Deeds are still executed by wet signatures and in this regard there has been an important recent decision of the High court favourable to financiers.
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Palma Percze
In the budget in March 2021, it was announced that Corporation Tax would be increased incrementally to 25%. After some uncertainty in the past year, as to whether this would proceed, the first increase took effect from 1 April 2023.
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