Commercial Law

Floating charges

January 16, 2013

What is a floating charge and why are they important  ? – Gannons Solicitors explain the basics. A floating charge is an interest over an asset that is not due or attached to the asset (yet). This is different from a fixed charge, which the floating charge becomes once it attaches to the asset. This […]

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Methods Of Dispute Resolution In Commercial Contracts

December 24, 2012

It is no longer uncommon for commercial contracts, especially construction contracts, to enter into a dispute by one or both parties before the contracted service is complete. Many people in the legal industry believe that this is a direct result of the current economic conditions in the country. All-too-often, construction projects are delayed or stopped […]

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Counterfeit Goods are Big Business: Until You Are Caught

December 4, 2012

(US law and generally) Branding is an important part of any business strategy. Building a brand requires a sophisticated marketing campaign and a dedication to quality, which takes time and money. Purveyors of counterfeit goods will often target companies that build reputations on high quality products, as high quality branded goods are often expensive, and […]

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Clients can get financial advice from other sources referred by solicitors and not just independent advisers

December 4, 2012

A recent board meeting would see the Solicitors Regulatory Authority (SRA) recommending that the traditional requirement on solicitors in the UK to refer clients in need of financial advice to ‘independent intermediaries’ should be done away with. It would instead suggest that the regulator should change its rules so that solicitors put clients in a […]

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The 101 on Dram Shop Laws and Impact on Beverage Establishments

November 7, 2012

(US law and generally) Every state has the ability to set their own dram shop laws, and this sometimes makes it confusing for people to know who can be held legally responsible for a DUI. It is common for states to allow an injured person who was not drinking to file a third-party dram shop […]

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What To Do When Your Investment Broker Leaves You Broke!

October 12, 2012

Hiring a stock broker amounts to finding someone you trust who can help your future financial security and stability. Market forces normally control losses and gains in personal portfolios, but sometimes the losses can be extensive. If the portfolio is not moving consistently with the market, then the possibility exists that the broker is misinformed, […]

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New York City Elevators – Are You Safe?

October 8, 2012

(U.S. Law and Generally) Images of New York City are full of soaring skyscrapers punctuating the world’s most famous skyline, and everyday, millions of people make their living in some of the most architecturally sound buildings in the United States. Part of the security of working in a high-rise building is that you are protected […]

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Life Insurance Giants Sanctioned

October 6, 2012

Over the past few years, the ING, MetLife, John Hancock and Prudential insurance companies have encouraged recipients of death benefits to put all of the money in a retained asset accounts. This account is then held by the insurance company as the death benefit recipient gradually withdraws portions of the fund. Insurance companies prefer this […]

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Misuse of computers at work – how employers should deal with it

August 16, 2012

This recent case in the Employment Tribunal demonstrates that employers should be extremely careful when dealing with cases of misuse of computers at work. A failure to deal properly with such cases could lead to a (potentially successful) claim for unfair dismissal by the employee concerned. We’ll therefore look at the following in this post to […]

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Misrepresentation and contractual claims

July 11, 2012

The recent cases of Gaydamak v Leviev and Mabanga v Ophir Energy Plc & Anor demonstrate that misrepresentation in commercial relationships is often alleged – and sometimes does occur. This post therefore seeks to clarify what “misrepresentation” actually means under English law and what remedy can be achieved. We’ll therefore take a look in this […]

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