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Welcome to the Hethertons Solicitors Commercial Newswire

In this edition, we look at a wide range of issues affecting businesses, owners and investors, including:

  • Planning to exit? You aren’t alone
  • Vicarious liability: Its importance and consequences for SMEs
  • Extending Fixed Recoverable Costs: A comprehensive overview

If you have any feedback on this latest edition or would like assistance from our team, please contact us.

Planning to exit? You aren’t alone

 

New findings indicate that a significant number of business owners are proactively preparing to exit their companies.

 
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Vicarious liability: Its importance and consequences for SMEs

 

As an employer, it is vital that you are aware of the risks of being held vicariously liable for the actions of an employee – which carries with it the risks of potentially crippling penalties in certain circumstances.
 
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Extending Fixed Recoverable Costs: A comprehensive overview

 

The Ministry of Justice (MoJ) has announced an extension of the Fixed Recoverable Costs (FRC) scheme. The move, set to take effect from 1st October 2023, will see FRC extended to simpler cases valued up to £100,000 damages.

 
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