Gateley

An LLP is different to a traditional partnership and is generally treated like a limited company; however, a number of differences remain and the regulatory and commercial landscape in which LLPs operate has evolved significantly in recent years. In this insight we consider some things that should be borne in mind on a banking transaction involving an LLP in light of current law, regulatory developments and market practice.

We have provided multi-disciplinary legal support to Barratt Redrow (North Thames division) on its partnership agreement with Buckinghamshire Advantage, a subsidiary of Buckinghamshire Council. As a result, contracts have now exchanged between the partners to facilitate the delivery of the major 495-acre flagship mixed-use scheme in Aylesbury, known as Woodlands.

The New Homes Quality Code (NHQC) emphasises the importance of timely and effective communication in resolving customer complaints. This NHQC case study demonstrates how poor communication, delays and inconsistent handling of defects can lead to significant and prolonged issues for homeowners.

In this insight we consider how to correctly include a ‘no waiver’ clause in security documentation and also consider examples of when these clauses have not had the desired effect. What is a no waiver clause?

Requests to inspect a company’s register of members have become more common in recent years. That is not surprising. The register contains information which can be valuable to shareholders, potential investors, campaigners and others who want to communicate directly with a company’s members. Recent cases show that requests may be made for many reasons, including shareholder engagement, concerns about governance, suspected irregularities, proposed offers to buy shares or wider shareholder activism.

In this episode, host Sam Meiklejohn is joined by our own Bernhard Gilbey, a tax partner whose career has also taken him to Southern California to lead a British MedTech startup’s expansion into the US. Here, Bernhard compares approaches to business and investment opportunities on both sides of the Atlantic, and explores why the human touch is still important when helping tech businesses to grow.

In this month’s podcast we: consider the circumstances in which statements labelled as “warranties” in a transaction document could also constitute representations; review a decision involving a claim for fraudulent breach of warranty against a corporate seller; and confirm that HMRC does not have special status preventing it from being “crammed down” in a Part 26A restructuring plan.

With the school summer holidays fast approaching, school closures can provide a headache for employees with childcaring responsibilities. In this article, we break down what options are available to both employees and their employers when it comes to balancing childcare and work. Whilst this may be an issue for all employees who have caregiving responsibilities for young children, we use the term ‘parent’ or ‘parents’ below.

For many UK businesses, financial headroom remains tight. Higher borrowing costs, persistent cost inflation and a wave of maturing Covid-era facilities are combining to create a more fragile operating environment. Although once routine, refinancing is now slower and less certain. Lenders are more selective, credit processes are more forensic, and execution risk is higher.

Our specialist residential development team has secured a double panel win with Persimmon Homes. Our teams have been advising Persimmon Homes for nearly a quarter of a century and, as a result of strong relationships and valued service delivery, have been reappointed to its land panel covering all regions without a competitive tender process.