At Royds Withy King we are still able to serve all your legal needs during the Coronavirus pandemic. Find out more.

Search articles

11 November 2014 0 Comments Posted in Dispute Resolution, Opinion

1 in 3 SMEs reluctant to chase bad debt, survey finds

Author headshot imagePosted by , Partner

New research has revealed that one in three businesses is reluctant to chase bad debt.

Read more

16 October 2014 0 Comments Posted in Dispute Resolution, Opinion

Hague Choice of Court Convention Approved by EU

Author headshot imagePosted by , Partner

On 10th October 2014 the EU Justice Ministers approved the ratification of the 2005 Choice of Court Agreements Convention (“the Convention”), part of the Hague Convention on Private International law. This means that the Convention will be given effect throughout EU Member States and the other states that have ratified it.

Read more

29 September 2014 0 Comments Posted in Dispute Resolution, Opinion

Corporate insolvency – litigation

Author headshot imagePosted by , Partner

Those in the insolvency profession are calling on the government to put in place a permanent exemption for insolvency litigation in the Legal Aid, Sentencing and Punishment of Offenders (LASPO) Act 2012.

Read more

29 August 2014 0 Comments Posted in Dispute Resolution, Opinion

New lifeline for struggling businesses on the way

Author headshot imagePosted by , Partner

The proposals would stop essential suppliers from activating termination clauses in supply contracts in the event of a customer’s insolvency. As well as being required to continue providing their services during the business recovery process, suppliers would not be able …

Read more

15 August 2014 0 Comments Posted in Dispute Resolution, Opinion

Insolvency rules to be reviewed

Author headshot imagePosted by , Partner

Plans to increase the minimum level of debt which can trigger bankruptcy proceedings are being considered by the Government.

Read more

22 July 2014 0 Comments Posted in Dispute Resolution, Opinion

Pre-pack transparency to be improved

Author headshot imagePosted by , Partner

New recommendations designed to give businesses a better deal from failing companies have been announced.

Read more

16 June 2014 0 Comments Posted in Dispute Resolution, Opinion

In cases of negligence, the law must protect ‘everyday heroes’

Author headshot imagePosted by , Partner

Good Samaritans and community heroes are set to have the law on their side in future, according to Justice Secretary Chris Grayling. In a move designed to bring some common sense back to Britain’s health and safety culture action is being taken to support the millions of people who volunteer and carry out good deeds every year. An important part of this is to make sure they are not put off from participating by worries about risk and liability if something goes wrong.

Read more

Businesses step up protection against bad debt risks

Author headshot imagePosted by , Partner

Demand is growing for trade credit insurance among businesses keen to protect themselves against financial difficulties in trading partners. Companies specialising in insurance broking and risk management, are seeing growing demand for trade credit insurance, which gives protection against non-payment or extended default, as a result of fears that expected interest rate rises could result in more corporate insolvencies.

Read more

23 May 2014 0 Comments Posted in Dispute Resolution, Opinion

Tougher penalties against reckless directors planned

Author headshot imagePosted by , Partner

While the UK already has one of the strongest disqualification regimes in the world – with disqualification periods ranging from 2 years up to 15 years for the worst offenders – new measures introduced would mean the rogue minority face stronger deterrents to break the law and more robust sanctions if they do.

Read more

Late payments can lead to insolvency for businesses

Author headshot imagePosted by , Partner

Late payments remain a concern for many small businesses, according to the latest research from national small business group the Forum of Private Business. In the organisation’s latest banking and finance survey, published on 22 April, 23% of members reported an increase in late payments over the past year compared with only 3% who reported a decrease.

Read more

20 May 2014 0 Comments Posted in Dispute Resolution, Opinion

Trustees in Bankruptcy can apply for an Income Payments Order even when an Income Payments Agreement existed previously

Author headshot imagePosted by , Partner

Royds advised the Trustees in Bankruptcy in respect of a successful appeal of the decision of a District Judge in the Slough County Court.

Read more

25 April 2014 0 Comments Posted in Dispute Resolution, Opinion

Common insolvency principles proposed across EU

Author headshot imagePosted by , Partner

In March the European Commission (EC) set out a series of “common principles” for national insolvency procedures for businesses in financial difficulty, with the objective of shifting the focus away from liquidation towards encouraging viable business restructure at an early stage in order to prevent insolvency.

Read more

Search articles