21 February 2013 saw the Late Payment of Commercial Debts Regulations 2013 (“Regulations”) being passed to come into force on 16 March 2013, meeting the Government’s obligation to implement the European Late Payment Directive. The...

Many construction contracts contain retention clauses but it is not always easy to recover the cash once the contract is complete.  Retention clauses offer a form of security that the works carried out have been completed properly.  The retention...

Have you ever had a cheque bounced on you or a bank payment stopped?  If you have you will know how annoying and time wasting this is. It is trite law that a cheque is equivalent to cash! The leading case on bounced cheques and stopped bank payments...

David Rayner, partner from Birkett Long’s Commercial Property Team discusses the “big themes” that are likely to affect commercial premises during 2012. From the perspective of both landlords/investors on the one hand and tenants/occupiers...

Tougher economic environments often see a greater amount of restructuring within businesses, including a demerger. There are a number of reasons why a company may want to demerge: - to unlock shareholder value (sometimes enabling an exit by one party); - to...

Introduction On 1 April 2010, the new UK-wide compulsory Carbon Reduction Commitment Energy Efficiency Scheme (‘the Scheme’) came into force under powers contained in the Climate Change Act 2008. The Scheme is administered by the Environment...