Commercial & Legal

Commercial & Legal

Take extra care when accepting Letters of Intent

Barrister Rudi Klein gives some timely advice on Letters of Intent. What is a Letter of Intent? Letters of Intent (LoI) are in regular use across the industry, and often feature regularly in disputes in the courts. In its simplest

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Commercial & Legal

A quiet payment revolution is taking place in Welsh construction

Last year’s collapse of Welsh-based company Dawnus Construction has hastened progress towards protecting SME payments in Welsh construction.   In December 2017 Mark Drakeford, when Cabinet Minister for Finance, launched a new project bank account policy “to support ethical business practices

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Commercial & Legal

Labour Peer Introduces New Payment Bill To Protect SMEs

In the wake of the lack of effective measures to deal with payment abuse following the Carillion collapse two years ago, Labour peer Lord Mendelsohn will introduce today [Tuesday 21 January 2020] a new payment Bill. Lord Mendelsohn has taken

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Commercial & Legal

2020 Legal Events for Scaffolding Contractors

Following the success of the 2019 Contract Law Seminars, Birketts LLP and the Scaffolding Association will be continuing with their series of legal events throughout 2020. Talking about the partnership Stacey Underhill, Head of External Affairs at the Scaffolding Association,

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Commercial & Legal

Time to get hold of your newly-elected MP

Rudi Klein, CEO of SEC Group, urges action on payment abuse Members of the construction sector should be contacting their MPs with a message that demands attention: Unless MPs support legislation to enhance payment security for SMEs in construction the

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Commercial & Legal

Why your business might need ownership protection

Martin Ward, an associate director of Amicus Insurance Solutions, outlines an aspect of insurance that is often overlooked – protecting the ownership of the business. When a business owner or partner dies, in addition to the obvious sadness and everyday

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Commercial & Legal

New VAT system to impact on cashflow

The access and scaffolding sector is waking up to changes in VAT invoicing and payments that come into force next month. At the time of going to press, a united construction industry was lobbying hard to have the changes delayed

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Commercial

Payment terms in temporary works contracts

Barrister Rudi Klein advises readers on the legal requirements applying to payment terms in temporary works contracts. The example schedule above should be used for each of your contracts. It incorporates legal requirements relating to the payment process and alerts

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