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New Duty To Report Regulation is updated and will come into force from April 2017

Posted by Lynne on January 18th 2017
(banking finance, banking litigation, Business, business finance, Commercial Litigation, commercial litigation and dispute resolution, Commercial Property, commercial property and real estate, commercial property and real estate services, Contract Law, Corporate and Commercial, Debt Recovery, dispute resolution, Employment, Insolvency, Litigation, Professional Negligence)

An updated set of draft regulations that specifically requires large companies in the UK to disclose their payment practices has been recently published and the legislative measures are intended to come into force as from April this year. The new ‘Duty to Report’ will lead to much greater transparency of the payment practices of the […]

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Chief Executive of the Law Society, England and Wales, speaks on Brexit

Posted by Lynne on June 29th 2016
(banking finance, banking litigation, Blog, Business, business finance, clinical negligence, Commercial Litigation, commercial litigation and dispute resolution, Commercial Property, Contract Law, Corporate and Commercial, Debt Recovery, Employment, health & safety, health and safety, Industrial Diseases, Insolvency, IP, Sports and Media, Litigation, medical negligence, Personal, Personal Injury, Press Releases, Professional Negligence, Tax and Trust, Uncategorized, wills)

Catherine Dixon, chief executive of the Law Society of England and Wales, said yesterday, changes to key laws in the wake of Brexit could take years to accomplish and pledged the Law Society would work with the solicitor profession, their clients, the public and with government to support a calm transition in the wake of […]

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HSBC launch £10 billion UK SME lending fund today

Posted by Lynne on April 18th 2016
(banking finance, banking litigation, Business, business finance, Commercial Property, Insolvency, Litigation)

HSBC has today launched a £10 billion lending fund to support small and medium-sized enterprises (SMEs) in the UK. The fund is the largest package of support to be announced by HSBC for SMEs in the UK and has been introduced to meet growing demand. It is structured in a way to make banking more […]

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Insolvency News – Personal Insolvencies have reached their lowest point in years.

Posted by Lynne on February 1st 2016
(banking finance, banking litigation, Blog, Business, business finance, Commercial Litigation, commercial litigation and dispute resolution, Commercial Property, Corporate and Commercial, Debt Recovery, Employment, Insolvency, Litigation)

According to the latest official figures released by the Insolvency Service, Personal Insolvencies have reached their lowest point in ten years. A total of 79,965 personal insolvencies were recorded in 2015, marking the lowest annual total since 2005 according to the insolvency data and they were down by nearly one fifth compared with 2014. The […]

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Happy Christmas From The Ministry of Justice! Present For Rogue Directors & Dodgy Directors

Posted by Lynne on December 17th 2015
(asbestos, asbestosis claims, banking finance, banking litigation, Blog, Business, business finance, clinical negligence, Commercial Litigation, commercial litigation and dispute resolution, Commercial Property, Debt Recovery, industrial deafness claims, Industrial Diseases, Insolvency, Litigation, mesothelioma, Personal Injury, Professional Negligence)

Justice Minister Lord Faulks has announced that the recoverability of success fees and After The Event insurance premiums (ATE) will be removed. IP’s now have a limited time to review potential cases, enter into Conditional Fee Agreements and obtain ATE cover (which may require Counsel’s advice). As IP’s will be aware, the MoJ dropped plans […]

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Christmas Decision By The Ministry of Justice

Posted by Lynne on December 16th 2015
(banking litigation, Blog, Business, business finance, Commercial Litigation, commercial litigation and dispute resolution, Corporate and Commercial, Debt Recovery, Insolvency, Litigation, Professional Negligence)

The Ministry of Justice is expected to announce whether the exemption for success fees and After The Event insurance (ATE) premiums will be removed within the next week. This follows the recent recommendation by Lord Jackson to scrap the exemption. Lord Jackson’s earlier recommendation has led to the removal of the recoverability of success fees […]

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Contract Litigation and Penalty Clauses

Posted by Lynne on December 2nd 2015
(Business, business finance, Commercial Litigation, commercial litigation and dispute resolution, Debt Recovery, Litigation, Professional Negligence)

A challenge about an £85 parking fine imposed on a Defendant for overstaying the permitted period in a car park recently reached the Court of Appeal. Despite the value of the claim it has been heralded as a leading case on penalty clauses in contracts. A contractual clause is considered penal if it imposes a […]

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Hallowe’en Horror Story – The Government has announced further increases of fees for insolvency proceedings.

Posted by Lynne on October 31st 2015
(banking finance, banking litigation, Business, business finance, Commercial Litigation, commercial litigation and dispute resolution, Debt Recovery, Insolvency, Litigation)

Petition Costs and OR Fees in Bankruptcy and Compulsory Liquidation will rise from 16 November 2015 Pursuant to The Insolvency Proceedings (Fees) (Amendment) Order 2015 No 1819 from 16 November 2015 the costs of presenting a bankruptcy or winding-up petition will increase. This Order makes amendments to the Insolvency Proceedings (Fees) Order 2004 as follows: […]

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Latest News

10 Aug
Taylor Review of employment practices

Matthew Taylor, former aide to Tony Blair, in a recent government review of employment practices has suggested all work in the UK’s economy should be “fair and decent”. The report pays particular attention to the gig economy recommending the creation of a new category of worker, known as a ‘dependent contractor’, to provide additional rights […]

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What Clients Say

Originally we placed our case to recoup losses from a Builder who claimed that they had run out of finance and were unable to complete the contract we had to self fund the completion of the work.

We approached a Solicitor’s practice and they advised that after many months are investigation they felt that the builder could not repay the amount. We approached Stripes and they offered a no win no fee approached and we accepted.

Immediately they began proceedings against the Builder and they Court accepted the Claim and the Builder agreed to pay off the debt. Since then we have had a full settlement which Stripes concluded on our behalf.

Andrew Franks, Ellis Franks Ltd View More