The following Family Q&A Produced in partnership with Chris Bryden of 4 King’s Bench Walk provides comprehensive and up to date legal information covering:
The Matrimonial Causes Act 1973 (MCA 1973) provides the court with wide-ranging powers to make orders relating to matrimonial property on the breakdown of a marriage. These powers include transferring property between parties or the making of lump sum payments. Often, where the main asset is the family home, this will lead to an order that that property is sold and the proceeds of sale divided between the parties. MCA 1973, s 24A gives the court the power, where an order has been made, to order the sale of any property together with consequential or supplementary provisions. Those provisions are widely framed, with the court having the power to make such orders as it thinks fit (MCA 1973, s 24A(2)), which may specifically include a provision requiring any such property to be offered for sale to a person or class of person
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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 explains certain common financial covenants used in commercial finance transactions including:•minimum net worth test•gearing ratio•leverage ratio (or debt to equity ratio)•current ratio (or acid test ratio)•cashflow ratio•interest cover ratio, and•loan to value ratioIt explains:
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This Practice Note provides a high-level introduction to diversity and inclusion (D&I) and key reasons why it is important to law firms. Specific aspects of D&I are covered in more detail in Practice Notes:•The growing focus on diversity and inclusion (D&I) in law firms•Unconscious bias—law
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