One of the most complex and uncertain areas of law which invoice discounters and their lawyers regularly have to deal with is transaction set off, namely the extent to which the customer’s claim arising from defective or late performance of the contract on which the relevant invoice is based can be set off against the value of the invoice.
Readers will be aware that it is very rare for a reported case in the higher courts dealing with invoice finance to emerge, so we were interested to see a report of a recent case in another area of financial services which raised squarely 2 legal concepts which are fundamental to invoice financiers:
Charlotte qualified as a solicitor in 2006, and joined Bermans in March 2024 as a Partner in our Corporate team based in Manchester.
Her main areas of work focus on:
Corporate Transactions including the sale and purchase of businesses.
Drafting and negotiating contracts between business owners and between businesses and their investors such as Shareholders Agreements, Partnership Agreements and Joint Venture Agreements.
Corporate Restructures, for example share reclassifications, implementing holding company structures, buy-backs and capital reductions.
Charlotte quotes:
Quality client care is at the core of how I deliver my services. I aim to support clients by delivering a truly bespoke service. I get to know clients and their business and work with them to deliver an agreed plan. Legal knowledge and expertise isn’t the core of what I do, it’s the means by which I deliver the client’s goal.
Bermans Employment Law experts invite you to attend one of two special seminars in April 2024, to provide you with important updates on the following areas of employment law:
A summary of key employment law developments in the last 12 months.
What to expect in 2024, and after the general election.
Climate change is an undeniable global phenomenon with far-reaching consequences for our environment, economy, and society. While discussions often focus on its ecological and economic impacts, it is essential to recognise that climate change is also having a profound influence on property law. This article explores the potential impact of climate change in this context, highlighting the need for adaptation and innovation within the legal framework.
International Women’s Day (IWD) is marked annually on 8th March and is a day to celebrate the achievements of women, to educate and raise awareness of inequality and to take to action to drive gender parity.
Concern for the environment is at an all-time high. There is greater awareness, both on an individual and corporate level, of the impact of our daily activities and choices on the environment. ‘Sustainability’, ‘carbon footprint’ and ‘environmental impact’ are topics that now regularly appear on company websites and on their meeting agendas.
With Lloyd’s announcing its liquidation and Medipharmacy going into administration we provide some key considerations for employers when facing the possibility of Insolvency.
Bermans Employment Law experts invite you to attend one of two special seminars to provide you with important updates on the following areas of employment law:
A summary of key employment law developments in the last 12 months.
What to expect in 2024, and after the general election.