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Keith Kennedy
 

Is your business ready for the GDPR changes?

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The General Data Protection Regulation is now in force as of 25 May 2018 and has introduced sweeping changes to the way that businesses and organisations can hold data and information, strengthening protection for individuals. Non-compliance with the new...

The importance of a Shareholders' Agreement- Can a majority shareholder force out a minority shareholder by amending company articles?

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Minority shareholders may find themselves in the precarious position of being forced out of a company against their will. This can happen during disputes between a minority and majority shareholder, and in a recent case, it was ruled that a majority...

Lessons from the Cambridge Analytica issues - and the need to prepare for the General Data Protection Regulation

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If you have been following the news recently, you’ll no doubt have heard of “Cambridge Analytica” (CA). CA is alleged to have ‘mined’ information from Facebook users without consent and used it for various...

GDPR Checklist - What must you do before 25 May 2018?

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The General Data Protection Regulation (GDPR) will come into force in the UK on 25 May 2018. With little more than two months to go before the new regulation comes into force, do you understand how your rights and obligations will change in relation to the...

Businesses Still in the Dark About GDPR

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With only six months to go until the new GDPR come into force, alarmingly many businesses are still unaware or unprepared for the regulations - Brexit or no Brexit, businesses will still have to comply. Following the research of more than 500 UK businesses...

Local Banker Joins Law Firm as Firm Strengthens Commercial Team

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An innovative and bespoke service combining business banking advice, law and extended financial planning services under one roof has been launched by Oldham Law Firm, Pearson Solicitors and Financial Advisers. Former Corporate Banker, David Meredith, has...

Business rates revaluation effective from 1 April

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The next business rates revaluation will take effect from 1 April 2017. In the press release issued on 17 February 2017, the Government confirmed that: "The revaluation will make the system more accurate by ensuring business...

Who owns your company?

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A company’s shareholders are the people who are registered as such in the company’s statutory registers. If statutory registers are not properly maintained, this can give rise to troublesome issues. A company’s records should show clearly...

Thinking of borrowing to fund a share buyback?

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Many companies make use of the provisions in the Companies Act 2006 (the “Act”) that allow a company to purchase its own shares. Typically, this procedure is used when one or more shareholders are exiting the company and the remaining...

Tips on protecting your business from cyber security breaches

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Back in March 2015, the Government published a guide to cyber security for small businesses. It is worth a read... There are huge benefits in using information technology (IT) in your business – but there are also huge risks. Most businesses rely on...

Client has Specsavers in her Sight

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Pearson’s corporate & commercial team have advised on recent deal involving the acquisition of three Specsavers stores. Amanda Pedder turned to Pearson’s Keith Kennedy for advice when she wanted to acquire shares in three stores from the...

INSIGHT: Firms Urged to Get Involved with the Oldham Business Awards

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It’s that time of year again, a time for Oldham businesses to take stock, look at what they do well, how they have performed in the past year and then enter the 2017 Oldham Business Awards. At a launch event recently we heard from previous...

Heading for a Brexit... a Summer of conjecture?

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This article comments on what is needed to effect the UK’s exit from the European Union – and how the political events of the last month affect that process. It's been over a month since the EU...

INSIGHT: What might the Brexit mean for your business?

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Now that the UK has voted to leave the EU, we take a look at some of the possible effects of the so-called Brexit on UK businesses. 24th June 2016 Within hours of the EU referendum’s “ Leave ” result, David Cameron had stated his...

INSIGHT: Shareholders' Agreements - what every business person needs to know

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Do you run a business as a limited company or are you thinking of setting up a company? Have you considered what would happen if you were to fall out with your fellow directors or shareholders? What is a shareholders’ agreement and why do you need...

INSIGHT: So called 'penalty' clauses in commercial contracts

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In the recent case of Cavendish Square Holding BV v El Makdessi , the Supreme Court reset and clarified the rule on penalties, unanimously allowing the appeal from the Court of Appeal. Background Mr Makdessi founded a...

INSIGHT: Sale and purchase agreements: be careful what you agree to...

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When contracting parties reach an agreement to buy or sell a business, but one party later realises that the terms are not ideal, the court will, generally speaking, hold the parties to the contract: it will not try to improve the bargain they have made...

INSIGHT: New regulations make it easier for companies to authorise and finance buybacks

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New regulations, intended to reduce ‘red-tape’ for businesses and to clarify the applicable statutory requirements when undertaking a buyback of shares, were published earlier this year under The Companies Act 2006 (Amendment of Part 18)...

The Small Business, Enterprise and Employment Act 2015: legal changes for the attention of company directors

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The Small Business, Enterprise and Employment Act 2015 received Royal Assent on 26 March 2015 and introduced a number of legislative changes, some of which came into force last month (October 2015) and others which will be phased in over the coming months....