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Financial Disputes and Insolvency

Assigning Claims to Creditors

Buisness Pie Charts

What is an Assignment? An assignment is the transfer of a right from one party to another. A cause of action by which a party may be able to enforce a right is a chose in action and, in principle, is capable of assignment. Generally speaking a cause of action cannot be assigned if that…

An Economic Update

Buisness Team meeting

With the recent increase in the number of confirmed coronavirus cases and the introduction of further national measures to help slow the spread of the pandemic, many are left wondering what this second wave will mean for the future of the UK economy. The picture so far A decline in household spending between March and…

Thursfields expands restructuring and insolvency services to meet new demands

Lauren - Colour

A specialist in restructuring and insolvency has returned to the frontline at Thursfields Solicitors to support the expansion of its growing Commercial Litigation department. Lauren Hartigan-Pritchard has been with the firm since 2013 and, following maternity leave in 2019, Thursfields created a business manager role to retain and develop her broad skills. She will now…

With disputes rising post-lockdown, there are innovative options to avoid court

STEPHEN ROME

The COVID-19 pandemic has caused huge economic damage in the UK and worldwide. This will inevitably lead to more commercial disputes. Why? Because agreements may no longer fit for purpose as they did not contemplate what would happen to rights and obligations in the event of a pandemic. From leases to employment disputes, and from…

Thursfields Talk Legal: the positive sides of insolvency to be discussed at free webinar

STEPHEN ROME

The way that insolvency can become a positive outcome for businesses facing financial problems will be discussed at Thursfields Solicitors’ webinar next month. Stephen Rome, a director in the Dispute Resolution department at Thursfields Solicitors, and an expert in contentious insolvency matters, will host the free Talk Legal webinar at 10am on Wednesday 16 September….

The (other) perils of COVID-19 – Thursfields Solicitors

STEPHEN ROME

The Coronavirus has had a devastating impact on human life and torn through the UK economy as quickly as the Australian bushfires we witnessed earlier in the year. In order to address the impact on the economy the UK government have been quick to rush through two pieces of legislation to provide support to businesses…

Plans for emergency insolvencies legislation get cautious welcome from Thursfields

Buisness Team meeting

The drafting of emergency legislation to soften insolvency rules during and after the COVID-19 lockdown has been cautiously welcomed by a top expert at Thursfields Solicitors. Stephen Rome, a senior associate solicitor in the Dispute Resolution department at Thursfields, was commenting after various reports debating the pros and cons of the forthcoming changes. Business secretary…

Commercial Contracts… is cancellation a breach too far?

Stuart - Colour

The effect of the Covid-19 pandemic on UK businesses has been dramatic to say the least, and it’s perhaps understandable that some businesses need to cancel or vary existing contracts. From a legal perspective, this is not as simple to do as it might first appear, and the risk of being sued by the other…

Protecting Your Business – Coronavirus (COVID-19) | Corporate and Commercial Law

Business team meeting consulting the project.professional investor working the project. Concept business and finance

The Coronavirus (COVID-19) pandemic is of great concern to many businesses as they balance putting contingency plans in place to protect their staff’s wellbeing and also continue to provide their products and services to clients. Thursfields Solicitors is open for business as usual and has the resources and legal expertise to guide you. All of…

Dispute Resolution

Sealing a deal, Business man and woman handshake to business agreement.

In future months our team of experts will upload to this website specific articles giving tips and updates on the handling of disputes. We are uniquely placed to point out hot topics and point out potential problems for businesses, giving tips where possible, so please watch this space. For this first article on our new…

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