News
25 Jan 2021
COVID-19 Business Interruption Scheme – The Supreme Court’s Judgment
The Supreme Court, on 15th January 2021, handed down judgment in the COVID-19 business interruption insurance test case. The result of this judgment is favourable towards policyholders, meaning that small businesses are now more likely to be successful in making claims on their insurance policies. This is great news to business owners who have suffered colossal […]
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6 Jul 2020
How to Choose a Business Fraud Solicitor
What is business fraud? Like individuals, businesses can become victims of fraud (dishonest and illegal activity carried out by a person, persons or another business for financial gain.) Business fraud often operates under the guise of legitimate business activity and takes place over long periods of time. It can also take place in many different forms; ranging […]
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3 May 2020
Download FREE template Furlough Agreement
Click here to download furlough agreement template We have just entered another week of lockdown and yet it has not been resolved when we can expect it to be eased. We observe many of our business clients and local entrepreneurs suffering financial losses and organisational disruptions as a result. Unfortunately, many of them have no […]
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26 Apr 2020
Impact of Coronavirus on Businesses: Claims on Insurance Policies
The impact on businesses that COVID-19 has had, has been catastrophic. According to the Financial Times, around 21,000 more businesses in the UK have collapsed in March this year, compared to the same month a year ago. There has also been a drop in new companies by 23%. We presume that these figure will only grow significantly, […]
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13 Apr 2020
Coronavirus (COVID-19) An Update For Our Clients
Coronavirus (COVID-19) An Update For Our Clients With the current uncertainty around COVID-19, I want to reassure you that IMD Solicitors LLP is still open for business. Despite some of our colleagues working from home, we are, as always, committed to offering a seamless service. Our offices are still open where we are operating with […]
Read more 24 Mar 2020
Coronavirus – Impact On Businesses And The Support Available
The outbreak of the COVID-19 coronavirus will place many businesses in a difficult financial position. As the chancellor, Mr Rishi Sunak stated at one of the daily briefings: ‘the coronavirus pandemic is a public health emergency. But it is also an economic emergency. We have never, in peacetime, faced an economic fight like this one’. […]
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6 Jun 2019
Merging with another privately-owned company
A merger occurs when two companies, which are often about the same size, agree to join together to form a new entity. Mergers are friendly, whereas acquisitions tend to be more hostile and occur when a target company realizes that they have no option but to ensure their survival by being bought by the other […]
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17 May 2018
Guide to the GDPR (part 2)
General Data Protection Regulation: Guide for businesses (Part 2) As the rush to get your house in order before the General Data Protection Regulation comes into force on 25 May 2018 continues to gather pace, Olexandr Kyrychenko, Partner and Commercial Solicitor at IMD Solicitors concludes his practical guide for businesses by outlining the steps you […]
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10 May 2018
Guide to the GDPR (part 1)
In a two-part series of articles, Olexandr Kyrychenko from IMD Solicitors explains the key features of the GDPR for businesses and the steps you should take to prepare for it. General Data Protection Regulation: Guide for businesses (Part 1) The General Data Protection Regulation (GDPR) becomes law in the UK on 25 May 2018 and […]
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