Equity Release Update - May 2013

Friday, 11th October 2013


For the next few months I will review each lender's legal processes, detailing potential problems and how to side-step them, and other points that may become issues if not addressed at an early stage.

The first area to address is the set up costs. When clients look at the literature produced by Aviva (reinforced by yourselves) the application costs are set...

Attorneys - the rights and wrongs

Thursday, 10th October 2013

A Power of Attorney is a legal document which effectively hands over the power to manage a person's affairs to another person who is then known as the 'Attorney'.   
Since October 2007 it has been possible to grant a "Lasting Power of Attorney".  The power of attorney relating to a persons finances is a power for their "Property and...

Six New Homes at Bovis Kernick Gate Development

Wednesday, 9th October 2013

The first six new homes at Bovis Kernick Gate Development at Penryn were finished and the first buyer's moved in at the end of September. More homes are due for completion in October.

Sales are progressing well on this exciting development of 77 new homes with a further 70 planned of phase 2 (subject to planning permission).


Macromac PLC admitted to AIM

Tuesday, 8th October 2013

Ashfords LLP is pleased to announce that it has advised Macromac plc (the "Company") on its successful admission to trading on the AIM market of the London Stock Exchange, dealings in the Company's shares having commenced on 20 September 2013.

Photos of the Listing Ceremony are available on the Macromac PLC website.

The Company has been admitted to AIM with...

Cadbury can't register the colour purple as a trade mark

Tuesday, 8th October 2013

Last week Cadbury, the well-know chocolate manufacturer, suffered a significant blow to its brand protection strategy.

For many years, Cadbury has been well known for using a particular shade of purple on the packaging for its chocolate bars. Back in 2004 it applied to register the particular colour in question as a UK trade mark. Nestl� opposed the application....

An object lesson for design professionals

Tuesday, 8th October 2013

Stephen Homer's article in Master Builder looks at the standards required from Project Managers in Construction, and the difficulties in reducing liability with ambiguous terms.

Read 'An object lesson for design professionals' here

Guide to Unfair Prejudice Against Shareholders

Monday, 7th October 2013

This Guide explains Unfair Prejudice and Shareholder Disputes under English Law in general terms. The intention of the Guide is not, however, to advise you on whether or not to petition for unfair prejudice (which will depend on the facts of your case). The subject of unfair prejudice is a complex area and no guide can ever set out all...

Late payment of commercial debts - are you aware of the changes?

Monday, 7th October 2013

The Late Payment of Commercial Debt Regulations 2013 ("the Regulations") came into force on 16 March 2013 however there appear to be a number of businesses that remain unaware of the changes.

These changes apply to contracts for the supply of commercial goods and service that are entered into on or after 16 March 2013. They do not apply to contracts...

Data Protection and Freedom of Information Act - September 2013

Friday, 4th October 2013

ICO publishes guidance on subject access requests

The Information Commissioner's Office ("the ICO") has published guidance to assist organisations in dealing with requests from individuals for their data.

Subject access requests allow individuals to ask organisations about what information they hold about them. If any information is held, the organisation will usually be required to supply copies to the individual making the...

Ashfords to admit non-lawyers to partnership as it moves beyond law

Friday, 4th October 2013

First published in The Lawyer byBecky Waller-Davies

South West firm Ashfords is set to launch a range of professional, non-legal services to complement its practice areas, as part of its five-year strategic vision.

The spread of products will operate across a range of practice areas and will include services such as project management,...

Are SMEs Victims of the Broad Brush Approach?

Wednesday, 2nd October 2013

First published on SME web.

Entrepreneurs and small business owners may be forgiven for thinking that the Government's Discussion Paper: 'Transparency and Trust' is not relevant to them, for it appears to be concerned with criminal activity and matters more usually the concern of larger companies such as bearer shares. But the "ambitious set of reforms", if implemented, will have...

Privileged Wills - What are they and when are they valid?

Tuesday, 24th September 2013

Privileged Wills are made by those who are in active military service, which means that they are either working in an operational area in the Forces or are just about to be posted to one. This does not just apply to soldiers on the front line, it is also possible for civilian support staff to execute a privileged Will if...


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