The following Wills & Probate Q&A provides comprehensive and up to date legal information covering:
This Q&A considers a situation where an intestate left two minor children. As such it would seem, in the absence of anyone of higher degree, they were entitled to take out administration'>letters of administration to the estate. In those circumstances, we assume that the grant was obtained by someone with parental responsibility (see Commentary: 62 Oath for administration by persons with parental responsibility pursuant to a residence order or child arrangements order for minor children jointly entitled to the whole of the estate: Encyclopaedia of Forms and Precedents ) lasting until one of the children reaches 18
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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
When restructuring is considered rather than formal insolvency proceedings (see Practice Note: Benefits of restructuring over formal proceedings) the company may want to ensure that relevant creditors quickly enter a standstill agreement to gain some breathing space to consider a restructuring
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
Company directors are not, by virtue only of their office as director, automatically entitled under company law to remuneration for services as a director or to reimbursement of expenses incurred in rendering such services. Power to pay directors remuneration for their services will need to be
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