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When someone dies and the contents of their Will are revealed, relatives may be surprised or even distressed by its contents and as a result may try to challenge the Will. There are certain grounds on which it may be possible to dispute the validity of all or part of a Will, to make a…
The Dispute Resolution team at Thursfields has been shortlisted for the Legal 500’s Regional Firm of the Year award as the top West Midlands legal team in its discipline. This follows on from the spectacular success achieved by Thursfields in winning Law Firm of the Year (5-15 Partners) at this year’s Birmingham Law Society Awards….
When a landlord enters into a business lease with their tenant it is often the beginning of what is intended to be a long and happy contractual relationship. However, the harsh reality is that businesses suffer rough patches from time to time and cash flow can be tight. Major contracts can be lost and making…
When selling a freehold or leasehold property each and every seller, when instructing Solicitors to represent them, is required to complete the Law Society Property Information Form (Third Edition), also known as Form TA6. The form states that the seller means “all the sellers together, where the property is owned by more than one person”…
As charities are part of the wider not for profit sector, there can be confusion about whether or not they can or should “trade”. By trading, we mean in the traditional sense of buying and selling goods or services for money. The answer is that, yes, they can. Charities are generally interested in three types…
The Sedgley office of Thursfields celebrated its first anniversary with a night of great food and laughter at the Bulls Head Pub on Bilston Street in Sedgley. Clients, contacts and staff from the Sedgley and other Thursfields offices joined together to celebrate the first anniversary. Thursfields opened an office in Sedgley in September of last…
The Skiers Trust of Great Britain has issued a statement regarding a decision from HMRC which highlights the importance of ensuring that the Gift Aid rules are complied with. The Trust confirmed that it accepted donations of “bespoke funds” to provide financial support for aspiring skiers and snowboarders identified by the donors. The Trust claimed…
In Re Ralls Builders Ltd (in liquidation) [2016] EWHC 243 (Ch), the subject of our earlier article, liquidators brought wrongful trading proceedings against the directors under s 214 of the Insolvency Act 1986 for a contribution to the company’s assets. In the aforementioned case the court held that the directors should have realised earlier that…
The circumstances to the case are that Mr and Mrs Taylor met when they were young and began to cohabit in 1982 in their early 20s. They married in 1988 and there are four adult children of the marriage. The parties finally separated in 2014 after 26 years of marriage. Mrs Taylor never worked during…
I have agreed to purchase a property – how to I establish whether Buildings Insurance is going to be a problem? One of the standard searches that is carried out as part of the conveyancing process – the Environmental Search – will reveal whether the property you are purchasing is potentially at risk from flooding…
Many mortgages, or legal charges as you may hear them referred to, contain various powers to lenders from the moment an individual or a company signs on the dotted line. However, many of those powers are not exercised until repayments become delayed, missed, sporadic or stop altogether. When they do, many lenders will simply make…
Pam Arrowsmith specialist family lawyer says that “In any divorce it is always best advice that there should be an Order finalising financial and property issues between the parties.” The case of Vince –v- Wyatt hit the headlines in 2015 when the Supreme Court held that an ex-wife could bring a claim for financial relief…