We want to keep you updated on developments in both the legal world and at Wards. Recent articles are posted here and you can search by both date and service area. If you can't find what you're looking for, however, please contact Jane Sanger.
June 19th, 2013
We all accept that cash-flow can make or break a business. We also all encounter slow payers, non-payers or disputed debts from time to time. Knowing what to do about them, however, can require some expert advice.
To help you understand the process, James Taylor, Disputes specialist, has put together a number of short videos answering common questions. Whilst these aren’t any substitute for a proper, face-to-face conversation, they might help you immediately.
December 18th, 2012
For all cases issued after 1 April 2013 the “Small Claims Court” limit will rise from £5,000 to £10,000. Cases worth between £10,000 and £25,000 will still be dealt with in the fast track.
September 28th, 2010
With 4,000 companies going into compulsory or creditors’ voluntary liquidation in the second quarter of 2010, the biggest threat to the livelihood of the SME can still be considered to be bad debt. A sub-contractor business, which relies on a small number of large contracts for its livelihood, is highly vulnerable to crippling loss when a main contractor goes into liquidation. Careful management of cashflow is essential to make sure that exposure to this is kept to a minimum. Subcontractors can find that they have paid for and fitted expensive goods to the end user’s building for which they have no chance of getting paid.
September 15th, 2010
Most solicitors will be very familiar with this question – and the answer is not always an easy one to give!
The majority of people can write a letter. The important part is making sure that the recipient understands what the sender wants it to mean.