Commercial Update - Summer 2010

CRC Energy Efficiency Scheme Now in Force

A new UK-wide mandatory emissions trading scheme, the CRC Energy Efficiency Scheme is now in force and requires large businesses and public sector organisations to not only report on their emissions but also to purchase allowances to emit carbon dioxide...

New Fines Regime for Serious Data Breaches Now in Force

As of 6th April 2010, the Information Commissioner's Office (ICO) now has new powers to fine organisations up to £500,000 for serious breaches of the Data Protection Act (DPA).   The new powers are primarily designed to deter...

Niche Employment Practice Merges with Nelsons

On 1st April, Nottingham-based specialist employment law practice Hutchinsons merged with Nelsons. Following the transfer of Hutchinsons’ team of experienced lawyers, Jo McCarthy, Rebecca Madden and Mel Morton, supported by Pauline Taylor...

Firm Acts for NatWest in Funding Deal for Prime Student Accommodation

Nelsons has acted for NatWest in a deal to provide funding to a Leicester-based developer, Launch-Padz Limited for the purchase and development of 23,000 Sq ft at Lillie House, London Road in Leicester to offer high quality, affordable...

Terms and Conditions

In the recent case of Tekdata Interconnections Ltd v Amphenol Ltd [2009] , where Nelsons acted for Tekdata, the Court of Appeal considered the question of whether there could be circumstances in which a traditional offer and acceptance analysis could be...

New Director Joins Nelsons Commerce & Technology Group

Nelsons has appointed Karen Harrison as a new director. Recognised in the independently researched legal directories Legal 500 and Chambers as a specialist in non-contentious intellectual property and IT licensing, freedom of information and...

Proposals to Abolish the Default Retirement Age

Under the Employment Equality (Age) Regulations 2006, an employer is currently able to retire employees at or above the default retirement age of 65, provided they follow the statutory retirement procedures. The government had always intended to review these...

Firm Acts for All About Group in Merger to Create UK's Largest Financial Services Lead Generator

Nelsons has acted for Leicester-based All About Group in a six figure deal in which All About joins forces with Leadbay in Bristol to create the largest financial services lead generation company in the UK.   Trading as Leadbay Media...

Late Payment Culture Challenged by Businesses Battling Recession

Striving to get stronger and fitter to ride out the economic downturn, businesses are fighting back against firms that fail to pay on time and are reviewing how they manage their cash flow and bad debts.   To retain good trading...

Wealth Management

Business entrepreneurs are generally considered to be risk takers. However, the best entrepreneurs are those who don’t just take risk, but those who understand the implications of the risk that they are taking. The reward for taking risk is a better...