Bounce Back Loans – What are they for and are you sticking to the rules?

There has been some media coverage recently about “fraudsters” applying for the Government’s Bounce Back Loans, and using the funds to buy supercars or property. Supercar dealers have said that their business is booming since the Bounce Back Loans have been paid out. Of course, the rates of interest are making this cheaper than the usual finance agreements, but while we would all love the means to buy a Ferrari, are these people doing anything wrong? We have also…

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Title: Winding up a company in debt: the death knell for a debtor?

At Tiger Law, w e have successfully wound up companies and , on the other side of the coin, we  have also successfully  blocked  people trying to wind up our clients  and saved them  from aggressive creditors .    We have seen many clients  considering starting insolvency proceedings against a debtor  themselves   or  either threatened with insolvency proceedings .  Whichever side of the proceedings you fall on,  once the winding up process is embarked upon,  it can be a…

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Annual General Meetings during Lockdown

There are understandably times when, working in a business, meetings have to take place. Unfortunately, sometimes a company’s articles do not allow for these to be carried out remotely, especially in the case of Annual General Meetings. However, the relevant bodies have been putting their thinking caps on and trying to think of how this can be dealt with considering the current situation. We have summarised the current guidance, but of course, this is subject to change on a daily…

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Glossary

Abstract of title A traditional method of deducing title used in unregistered conveyancing. Although rarely used now in practice, an abstract will summarise all dealings with the property interest, beginning with the root of title. It will also mention whether documents have been stamped and executed, although it is up to the person investigating title to check that the stamping is sufficient and the execution appropriate. Accelerated receipt A percentage reduction in the amount of compensation paid…

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Can I make a will during Lockdown

With the current Covid-19 situation, understandably more and more people are thinking proactively about getting their affairs in order, and perhaps making a will is one of those things that once was something to think about in the future, but is now becoming a “must do”. However, there are strict guidelines and rules about the creation and execution of a will, so is this possible during lockdown? Usually, if a solicitor is preparing your will, they would prefer to see…

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Decision Making within a Company

The decisions made within a Company are either the Directors’ responsibility or fall on the shareholders. Whilst quite often, a shareholder will also be a director (and vice versa), it is important to keep the decisions to be made separate. The shareholders make decisions as owners, and the directors make decisions as the managers of the company. When setting up a company, it is often the case that the initial members (shareholders) and directors are friendly and anticipate no issues with…

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GDPR: The Silver Linings

No doubt you've woken up to the fact GDPR is not just a Y2K-style storm in a teacup. It's nearly here and it is a rare business that doesn't need to make some kind of change to comply with it. So how are you feeling about it? Are you sitting there contemplating a nicely ticked checklist and raring to go with your next GDPR-compliant marketing campaign? Or not? Whichever, we think it's time for a look at the positives because…

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>Tiger Law Ltd is a limited company incorporated in England, registration number 10618637, registered address: 150 Bridge Street, Wye, Kent, TN25 5DP. Details of the Principal and her professional qualifications are open to inspection at our registered office. Tiger Law Ltd is authorised and regulated by the Solicitors Regulation Authority (SRA No 637189) and our professional code of conduct can be accessed here

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