Teacher Stern

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So far Teacher Stern has created 47 blog entries.
17 02, 2025

Are all warranties created the same?

By |2025-02-17T16:36:06+00:00February 17th, 2025|Corporate|

Are all warranties created the same? In Eurocopy plc v Teesdale [1992] BCLC 1067, the Court of Appeal suggested that actual knowledge, derived from sources outside of a disclosure letter, could undermine a claim for breach of warranty in a share purchase agreement despite any express provision to the contrary.  Consequently, it is considered best practice for a share purchase [...]

17 02, 2025

Tier 1 Entrepreneur visa holder deadline

By |2025-02-17T16:27:05+00:00February 17th, 2025|Immigration|

Tier 1 Entrepreneur visa holder deadline for indefinite leave to remain (ILR) For holders of Tier 1 Entrepreneur visas, the deadline to apply for ILR is 6 April 2025, unless they have at any time held a Tier 1 (Graduate Entrepreneur) visa, in which case the deadline will be 6 July 2027. After these dates, no further ILR applications will [...]

13 02, 2025

Identity verification under ECCTA – key dates to note

By |2025-02-13T12:52:48+00:00February 13th, 2025|Corporate|

Identity verification under ECCTA – key dates to note The Economic Crime and Corporate Transparency Act (ECCTA) was enacted to combat economic crime and enhance the transparency of UK company ownership – all with a view to supporting economic growth and making the UK an attractive place to do business. Under the reforms that are due to be introduced by [...]

10 02, 2025

Experts gone wrong

By |2025-02-10T13:49:53+00:00February 10th, 2025|Corporate|

Experts gone wrong In contracts, it is not uncommon to include a dispute resolution mechanism in order to deal with any issues between the parties, particularly if a long relationship is envisaged. These usually provide for a staged process, escalating disputes up to the management of both parties for resolution, failing which either party can refer the matter to an [...]

6 02, 2025

Update on EPC asset ratings

By |2025-02-06T11:06:40+00:00February 6th, 2025|Real Estate, Real Estate|

Update on EPC asset ratings Discover the key changes the government is considering for raising the minimum EPC asset rating and what this means for landlords. The below summary highlights, on a concise basis rather than an in-depth analysis, the changes. A. EPC rating The government, under its mandate, is looking to increase the minimum EPC asset rating for properties [...]

3 02, 2025

Unfair Prejudice?

By |2025-02-03T11:25:32+00:00February 3rd, 2025|Corporate|

Unfair Prejudice? In the absence of any recourse under the articles of association or any shareholders’ agreement, aggrieved shareholders are often reminded of their rights under s.994 of the Companies Act 2006 to apply to the court for relief if they suffer unfair prejudice. The court has wide powers and the potential respondents, while usually the other shareholders, could include [...]

30 01, 2025

Relief for leaseholders – the “two-year” rule is no more

By |2025-01-30T10:21:30+00:00January 30th, 2025|Real Estate|

Relief for leaseholders – the “two-year” rule is no more Provided that certain qualifying conditions are met, long leaseholders of houses and flats are entitled either to purchase the freehold of their building or extend their leases pursuant to the provisions of either the Leasehold Reform Act 1967 or the Leasehold Reform, Housing and Urban Development Act 1993. Those rights [...]

21 01, 2025

The age of legal reform in the property sector – is the 1954 Act next?

By |2025-01-21T16:22:09+00:00January 21st, 2025|Dispute Resolution, Real Estate|

The age of legal reform in the property sector – is the 1954 Act next? On the 19th November 2024, the Law Commission published its Consultation Paper (the “Paper”), which concerns Part 2 of the landlord and tenant Act 1954 (or as it is well known : “the 54 Act”). The Law Commission considers, for a variety of reasons, that [...]

15 01, 2025

What did you call me?  The implications of being a de facto director

By |2025-01-20T12:16:44+00:00January 15th, 2025|Corporate|

What did you call me?  The implications of being a de facto director Firstly, what is a de facto director?  In Re Hydrodam (Corby) Ltd [1994] 2 BCLC 180, Millett J said: "A de facto director is a person who assumes to act as a director. He is held out as a director by the company, and claims and purports to [...]

19 12, 2024

Sole Director Resolutions: High Court rulings and implications

By |2024-12-23T08:52:33+00:00December 19th, 2024|Corporate|

Since Re Active Wear Ltd [2022] EWHC 2340 (Ch) challenged the decision in Hashmi v Lorimer-Wing [2022] EWHC 191 (Ch)  (also known as Re Fore Fitness Investments Holdings Ltd), the general consensus has been that, where a company has adopted unamended model articles, Model Article 11(2) does not have the effect of requiring the company to have more than one [...]

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