When starting a business, it is of paramount importance to consider the legal implications involved. This can make the difference between your business becoming a long-term success or a business flop,...
How to Write Terms & Conditions for Your Business
A comprehensive set of Terms and Conditions (T&Cs) is essential, now, more than ever, regardless of whether your company is just getting off the ground or is already established. This prevents any...
How to Spot a Potential Unicorn Business – Insights from Venture Capitalist Experts
At Redfern Legal, we help our clients navigate the challenges of securing VC funding and negotiating the terms of their fundraising. We also advise VC investment firms, VC trusts and investment funds ...
Adding a New Partner in a Business Partnership
Given that market conditions are constantly changing, it is not unusual practice for a business partnership to recruit a new additional partner to either change the trajectory of the business or to in...
New UK International Data Transfer Mechanism to be used from March 2022
The UK has finalised a new International Data Transfer Agreement to be used for transfers of personal data abroad. Simultaneously, an addendum to the EU Standard Contractual Clauses, currently used fo...
Changes to UK’s insolvency regime in the wake of Covid could spell trouble for suppliers
Within weeks of the 1st Covid-19 lockdown, Parliament enacted several changes to the UK insolvency regime over concerns of possible disruptions to the economy. According to George Marques, Head of Cor...
Be sure to alert Customers to Onerous Terms and Conditions
Businesses may well be aware of the requirement to alert consumers to particularly onerous clauses in standard terms and conditions. We have been reminded recently that this is still very much the cas...
Reasonable vs Best Endeavours?
Corporate and commercial contracts often contain references to ‘best endeavours’ and ‘reasonable endeavours’. Have you ever considered the meaning of these words? In this note we take a look a...
Rule against Penalties
Under the common law, there is a rule against penalties in contracts and such clauses are unenforceable. The rule is based on public policy – a party should not be penalized for a breach of contract...
Terminating your Contract
Businesses will need to terminate their contracts from time to time for various reasons. It is very important that you get the termination right to avoid problems. For example, if the court disagrees ...
