Commercial Update - January 2011

Late Payments Have Consequences

In a bid to create certainty for companies, especially small businesses, the European Parliament has approved a new directive to harmonise the payment period for non-consumer debts. The directive replaces the Late Payments Directive...

Firm Warns New Equality Act Could Catch Employers Out

Following a recent survey of clients and business contacts regarding equality issues, Nelsons says employers need to prioritise policy-making and training in light of the Equality Act 2010.  New legislation, which came into force on...

Digital Economy Act Now In Force

The Digital Economy Act imposes obligations on the communications regulator, Ofcom, in a bid to reduce copyright infringement. The Act will initially apply to Internet Service Providers (ISPs) with more than 400,000 subscribers to their...

New Appointments Make Commerce & Technology Team One of Largest in Region

Nelsons has expanded its Commerce and Technology Group with the appointment of three solicitors, making the team of six one of the largest in the region.   Led by Jim Carter, a director and head of Commerce &...

Bribery Act 2010

One of the last pieces of legislation to be passed by the previous Government was the Bribery Act 2010, which will add a substantial new level of risk to the way businesses and public sector organisations conduct themselves, both domestically and abroad. The...

Incoterms 2010 Rules Now in Force

Incoterms® are the common trade terms relevant to international sales arrangements published by the International Chamber of Commerce (ICC). Each Incoterm® sets out how functions, costs and risks are to be split between the Buyer and the Seller. ...

New Team Boosts Nelsons' Corporate Expertise

Nelsons has welcomed a new corporate team to its Derby office, led by director David Kaplan. The new team joins from Keelys LLP in Derby and comprises David as well as solicitor Davinder Patara  and...

Mediation Set to Rise in Light of Ministry of Justice Budget Cuts

News that Anna Beasley, Director General of Finance for the Ministry of Justice, has plans to cut budgets by £2billion threatens to reduce the efficiencies of the Court system through reduced staffing and other costs savings.  ...

Nelsons' Employment Team in Derby Welcomes New Addition

Nelsons has appointed solicitor Anna Guy to its Employment team in Derby.  Anna, who trained with Nelsons prior to qualifying as a solicitor in October 2009, is an employment law specialist and will be...

Commercial Property Deals Round-up

Recent deals completed by the commercial property team include: Relocation of Midlands Academy of Business & Technology to Mansion House on Guildhall Lane in Leicester, a property which offers more than double the space of the...

Pension Planning

Some important developments have recently been announced, which reflect both the Government's austerity measures and also the need to close the savings gap if adequate provision is to be made for the retirement of a population whose potential lifespan...