We have all welcomed the good news of a vaccine that will be available imminently. There is hope that life will return to some form of normality at some point in the New Year. Many businesses have been badly affected by the pandemic, others have faired better.
It was announced earlier this month that the Future Fund investment scheme will be extended to 31 January 2021. Operated in partnership with the British Business Bank, the scheme provides government loans of between £125,000 and £5m when matched by one or more third-party investors.
The Business Contract Terms (Assignment of Receivables) Regulations 2018
Since 1 January 2019, the Business Contract Terms (Assignment of Receivables) Regulations 2018 (the “Regulations”) have prevented parties from restricting the assignment of receivables, except in specific circumstances.
Most people will never have heard of a caveat and so you can be forgiven for not knowing what one is or understanding or appreciating why you might need one but in potential probate disputes they can be your first “line of defence” and so it is important to understand what a caveat is and when you should consider applying for one.