The Government has announced a proposal to halve the 90 day minimum consultation period, for collective redundancies of 100 employees or more in one establishment, to 45 days.
Following the credit crunch, technology investment has held up relatively well.
It has just been announced that from 6 April 2013 Statutory Maternity Pay, Statutory Paternity Pay, Statutory Adoption Pay, and Maternity Allowance will increase from £135.45 to £136.78 per week.
The annual increases to Compensation Limits will take effect as always, on 1st February (2013).
In Saltri III Ltd v MD Mezzanine SA Sicar & Ors 2012 EWHC 3025 (Comm), the High Court held that a security trustee under an inter-creditor agreement owed duties to the mezzanine lenders that were equivalent to those owed by a mortgagee to a mortgagor, which were not fiduciary duties.
In the recent case of Patsystems Holdings Limited v Neilly 2012 EWHC 2609 (QB) the High Court has confirmed the principle that the reasonableness of a restrictive covenant in an employment agreement must be judged at the time the covenant is entered into and not at the time when the employer seeks to enforce it.
New steps to give firms more flexibility and confidence in managing their workforce, whilst still protecting employment rights, were announced recently by Business Secretary Vince Cable and by the Chancellor of the Exchequer, George Osborne.
On 13 November 2012, Nick Clegg announced plans significantly to overhaul the current parental leave framework.
Businesses and individuals frequently rely on the advice and skills of professionals such as solicitors, accountants, financial advisers and surveyors.
The Solicitors Regulation Authority Code of Conduct 2011 (‘the Code’) prevents solicitors from acting for both parties in a transaction where there is a conflict of interest or a significant risk of one.