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.
There are various ways in which a business can protect its business interests whether that is profit or cashflow. Many will look first at the internal workings of the business to make savings and some may never look at their other options with external parties. Having in place contractual provisions which assist you in that regard are often overlooked. The aim of this article is to provide some ideas on how a business can protect itself in these uncertain times.
As Brexit draws near, the question of how it will affect business and the need to know your contractual rights is ever more important.
Some questions you may ask yourself:
- What happens if the borders are clogged up and I cannot deliver or receive goods
- Who will be liable for tariffs in the event of a hard Brexit
- Should I look at amending existing contracts or terminating contracts with a view to issuing new contracts
- Will you have to register with a UK authority in place of an EU one?
What is a partnership?
Put simply, a partnership is the coming together of two or more parties with a view to making a profit. Partnership is used for various purposes. It is common amongst the professions such as law firms, accountancy and medical practices. It can however be as simple as two or more people holding a property for letting purposes, and sharing the proceeds of the income of the property.
Greg is a Bermans Consultant and specialist Regulatory and Commercial Barrister.
He has acted as General Counsel & Contracting Director at BUPA and sat on a number of ABI committees. Greg is now in private practice bringing his experience to Bermans clients. He provides advice to businesses large and small working with Boards of Directors, executive teams, owner managers and managers. Greg also works with trade bodies.
Greg focuses on providing advice on both legal and risk issues to assist with commercial and regulatory issues working with in-house legal teams and businesses directly to find practical solutions to meet their needs.
Greg is also a Specialist Member of the Institute of Risk Management and regularly gives talks to businesses on the subjects of legal risks, major contract reviews and regulatory reviews (including advice on the forthcoming legislation on GDPR).
Tel: 07803 721040
You should all by now be into the final stages of implementing plans for the impending new legislation on GDPR which comes into effect on Friday 25th May 2018.
There has been much written in the media and we are sure you will have been bombarded with information from various providers seeking to offer solutions.
The first thing to remember in all of this is the fundamentals have not really changed. The regulations are a consolidation and update of existing laws. There are some rights which are now requirements but the main difference is that firms need to demonstrate that they are taking steps to protect personal client, employee and supplier data that will avoid the now punitive fines that The Information Commissioner’s Office (ICO) can levy.
Chris is an experienced Commercial Law partner who joined Bermans as Head of the Commercial Team in April 2014, having qualified as a solicitor in 2001 and completing a degree in law.
Chris is well respected in his fields of expertise and advises businesses both nationally and internationally on commercial and company law matters. Chris advises companies on commercial contracts and company law, partners and partnerships on partnership law and partnership documentation, and charities on charity law matters such as registration and constitutional issues.
Having worked in industry for 13 years before qualifying as a solicitor, Chris provides a commercial approach in problem solving, which assist clients in achieving their commercial objectives.
Tel: 0151 224 0551