The following Private Client Q&A provides comprehensive and up to date legal information covering:
We refer you to Practice Note: Individual savings accounts (see section on ‘Individual savings accounts—Junior ISAs’), which explains that the Junior ISA account is held in the child's name but the application to open the account must be made by a person aged 16 or over. Unless the applicant is the child themselves (aged 16 or 17 years old), they must have parental responsibility for the child. This person is then the registered contact and the ISA account manag
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Unlike many other countries, the UK has no unfair competition law. Brand owners seeking to prevent competitors from marketing ‘copycat’ products or using misleading advertising have to rely on a combination of different intellectual property rights. These rights include the common law right to
This Practice Note examines:•why negative pledge clauses are used in commercial transactions •the consequences of breaching negative pledge provisions•how negative pledges are viewed in the context of security and quasi-security, and•key considerations when drafting a negative pledge clauseWhere
Coronavirus (COVID-19): During the current pandemic, legislation and changes to practice and procedure in the courts and tribunals have been introduced, which affect the following:•proceedings for possession•forfeiture of business leases on the grounds of non-payment of rent•a landlord's right to
Disposal and devolutionThe equity of redemption arises as soon as the mortgage is made. It is an interest in the land which the mortgagor can:•transfer, lease or mortgage inter vivos, or•by will (it passes on intestacy)No cloggingIt is a fundamental principle of a mortgage that there must be no clog
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