Corporate e-news

Changes to Terms and Conditions for Cloud Storage Users

Napthens - March 28th 2017
Cloud storage services allow customers to store, manage, organise and retrieve their data online. A variety of devices such as mobile phones, laptops and tablets allow consumers to upload and download data from personal cloud storage accounts. Many such devices rely on access to cloud storage, which reduces the need for internal memory on the device itself whilst also providing more advances features such as shared access and editing.
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Why are restrictive covenants important in sale and purchase of businesses?

Napthens - October 18th 2016
The recent case of Millen v Karen Millen Fashions Ltd & Anor, is an important reminder for all companies who are selling their business to consider any restrictive covenants in the sale and purchase agreements.
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Why should my staff understand contract law?

Napthens - October 18th 2016
Standard terms and conditions are good. They provide uniformity across all contracts and are used in some form or another in most businesses. They do have failings though: firstly, they need to be properly incorporated into the contract; and secondly, even if they are incorporated, care needs to be taken to ensure that they are not inadvertently varied.
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Protecting against currency fluctuation in a post-Brexit world

Napthens - August 8th 2016
One of the words most commonly associated with the impact of Brexit on the economy, business, immigration and life in general is ‘uncertainty.’ Nobody really knows or can anticipate the actual impact of the UK’s exit from the European Union.
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Annual Return Forms replaced

Napthens - August 8th 2016
From the 30 June 2016, every company must now confirm that the information held at Companies House is correct by completing a Confirmation Statement (Companies House form CS01). This replaces the Annual Return form, AR01.
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Board Minutes – back to basics

Napthens - August 8th 2016
For most companies, a decision of the board of directors will happen informally and without the need for a formally called board meeting. Key decisions are made day-to-day and are frequently not formally scheduled or documented.
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