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Consumer contract law changes - how will they impact on your business - our lawyers explain

19/05/2014

Consumer Contracts Regulations - new rules come into force on 13 June 2014 The Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 come into force on 13 June 2014. For contracts entered into on or after that date, the regulations supersede: The Consumer Protection (Distance Selling) Regulations 2000; and he Cancellation of Contracts made in a Consumer's Home or Place of Work etc Regulations 2008.

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Thinking of selling your business ? - what to expect if you are

13/05/2014

This note covers the steps in the transaction once heads of agreement (sometimes called ‘heads of terms’) have been signed. Many people selling their business assume, quite wrongly, that as soon as the heads of agreement are signed all the hard work is done. This is not the case and the period from signing heads of agreement to completion can place very heavy burdens on the owner of the business who, it should not be forgotten, has to continue to run his or her business during this period. Typically, the period from signing heads of agreement to completion will be six to eight weeks, although this can be much more or less in any particular case.

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