Suppliers need to diligently monitor their customers, and their contracts with them, for signs of looming insolvency, so the supplier can act before they lose the right to do so under new laws which take away suppliers’ rights in commercial contracts to terminate a contract for non-payment if a customer is insolvent.
Employers taking on an employee should check whether the employee is subject to a restriction on working for them imposed by a previous employer, and consider the risks of being found to have induced the employee to breach those restrictions if they offer a job, following a recent legal ruling.
Landlords and tenants of properties will welcome clarification from the court on the standard required under repairing obligations in leases. They should start planning and negotiating in good time before any obligation takes effect, to ensure that the repairs satisfy the requirements of the lease and are carried out in time.
Company Law Handbook 2021
eBook chapter addressing the legal specific duties of company directors and their liabilities under the Companies Act 2006. Topics covered include declaration of interest, substantial property transactions, loans to directors, credit transactions and payment for loss of office. A checklist for approving directors’ long-term service contracts is provided.
Law and Regulation of Tax Professionals
A chapter on the relevance of contract law to tax professionals, looking at issues such as typical terms of business, contract formation, representations prior to contract, terms of a contract, exclusion of liability, third party rights, interpretation of contracts, breach of contract, damages and limitation period.
Accountants Legal Service
A chapter on wrongful dismissal in this time-saving reference guide for accountants who are faced with an unfamiliar legal problem or query. Topics covered include insufficient notice, fixed-term contracts, breach of contractual procedures, remedies, valuing wrongful dismissal claims, settling wrongful dismissal claims out of court, the overlap with unfair dismissal, tribunal cap on damages and loss of chance claims.
Articles and books in the Library collection
Drafting commercial agreements
(Law Society, 2018)
Contains sample contract clauses, definitions and terms relevant to drafting agreements.
Drafting and negotiating commercial contracts
(Bloomsbury Professional, 2016)
Guide to drafting and interpreting commercial contracts. Provides a background to and detailed advice on the law surrounding a wide range of commercial agreements.
To find out how you can borrow books from the Library please see our guide to book loans.
You can obtain copies of articles or extracts of books and reports through our document supply service.
ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.