The Business > Resources > OnHand Counsel.s The Business: Legal Briefing June 2015
OnHand Counsel.s The Business: Legal Briefing June 2015


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In this issue:

Contracts: Should micro businesses have the same buyer protection as consumers?

M&A: Retention accounts – things to cover

Can’t claim damages because of a limitation of liability clause? Get an injunction instead?

In this series of legal briefings I update you about recent developments in corporate or commercial law. Some of these briefings will hopefully resonate with some of you some of the time. I explain some of the context and background law, and perhaps give some specific tips. And maybe ramble or even rant a bit.

But first, a special offer:

If you get any scoped quote from any traditional full-service law firm’s company commercial department for any work within my areas of expertise, I will 1/ match it; 2/ knock at least 20% off it; and 3/ provide the service with a more experienced level of expertise and service. This is not a one-off offer; it is a permanent offer. It’s just the way it is.

Contracts: Should micro businesses have the same buyer protection as consumers?


The Government is thinking about giving micro and small businesses similar protections to those which individual consumers have. Its consultation document gives a good overview of the current differences.

READ MORE

Rating system:
Reading time (1-10 minutes): 1 minute
Sophistication level (1 (idiot) – 10 (expert)): 4
Entertainment value (1 (turgid) – 10 (side-splitting)): 4

M&A: Retention accounts - things to cover


This recent case shows the importance of using your brain at least a little bit when you draft things.

READ MORE

Rating system:
Reading time (1-10 minutes): 3 minutes
Sophistication level (1 (idiot) – 10 (expert)): 5
Entertainment value (1 (turgid) – 10 (side-splitting)): 5

Can't claim damages because of a limitation of liability clause? Thought about trying for an injunction instead?


A recent case where the limitation of liability clause was so good it ended up being bad!

READ MORE

Rating system:
Reading time (1-10 minutes): 1 minute
Sophistication level (1 (idiot) – 10 (expert)): 6
Entertainment value (1 (turgid) – 10 (side-splitting)): 5

All the best,
Andrew James
OnHand Counsel Limited
This newsletter is provided free of charge for information purposes only. It does not constitute legal advice (even if it looks like it does) and should not be relied on as such. No responsibility for the accuracy and/or correctness (I’m not sure what the difference is but that’s what my precedent says) of the information and commentary set out here, or for any consequences of relying on it, is assumed or accepted by OnHand Counsel Limited or by any solicitor, employee or agent of OnHand Counsel Limited, ie particularly me. You have not paid me to provide it to you and I do not owe you any duty of care whatsoever so why should I be liable to you if you go away and do something wrong relying on what I have said in it. If you want to do something and want to rely on my advice, give me some money! Thank you for reading this far.
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