Corporate
Our Opinion - AGCC Bulletin December 2021
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Legal reform on the horizon in the world of Artificial Intelligence
Ross Gardner, head of our Corporate team, is featured in the latest edition of AGCC's Bulletin.
The phrase “it’s my baby” is often used in relation to work projects but could those words become the reality? For most start-up companies and SMEs operating in the energy sector, innovation and investment in digital technology are becoming increasingly important factors as they plan for growth in a post-pandemic environment, with Artificial Intelligence (AI) continually evolving as a key asset.
Ross looks at the possibility of changes to the existing legal framework which could potentially lead to a point where autonomous AI systems have a status similar to children.
Our Opinion - AGCC Bulletin September 2021
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Cryptoassets: Further Reforms and Regulatory Scrutiny
Jamie Hunter, Senior Associate in our Corporate team, is featured in the latest edition of AGCC's Bulletin - Cryptoassets continue to attract significant attention from consumers and, as a consequence, governments and regulators worldwide.
Our Opinion - AGCC Bulletin May 2021
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Changes to law on “pre-packs” wide of the mark?
The term “pre-pack” is used when a company is put into administration and its business and/or assets immediately sold by the administrator under a sale that was arranged before the administrator was appointed. The main criticisms of pre-packs centre around a lack of transparency and fairness ...
The Impact of Covid-19 on EMI options
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Enterprise Management Incentive options (EMI)
On 29 June 2020, an amendment was published to the Finance Bill 2020 to amend section 535 and Schedule 5 of the Income Tax (Earnings and Pensions) Act 2003 (ITEPA 2003).
The new clause has the effect of relaxing the rules relating to the working time commitment which might otherwise lead to a disqualifying event for EMI options, as a result of the coronavirus pandemic.
Our Opinion - AGCC Bulletin July 2020
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Corporate Fundraising in 'the New Normal' - for many entrepreneurs these times of crisis also present opportunities and the availability of funding is going to be one of the crucial considerations.
Head of Corporate, Ross Gardner, is featured in the July 2020 edition of the Business Bulletin - published by Aberdeen and Grampian Chamber of Commerce.
Return of the Crown Preference
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What a difference a day makes
Prior to 2003 debts due to HMRC ranked above other creditors in insolvency proceedings. This is known as the Crown Preference. The purpose of the Crown Preference is that it introduces a preferential claim in insolvency procedure which means that HMRC is paid prior to floating charge holders. The only other preferential claims in insolvency are claims of employees for things such as unpaid wages.
Coronavirus Job Retention Scheme and Directors
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The UK Government issued updated guidance on the Coronavirus Job Retention Scheme on Saturday and this has clarified the position on the ability of executive directors (that is, directors who are paid a salary) to be placed on furlough. Importantly, this includes salaried individuals who are directors of their own personal service companies.
Can your business survive a relationship breakdown?
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Can your business survive a relationship breakdown?
Head of Corporate, parner Ross Gardner, is featured in the November edition of the Business Bulletin - published by Aberdeen & Grampian Chamber of Commerce.
