News and Insights

News and Insights

Without Prejudice Save As To Costs: What Does It Actually Mean?

Without Prejudice Save As To Costs: What Does It Actually Mean?

In legal proceedings, settlement negotiations often involve “without prejudice” communications. This protection ensures any discussions or offers made cannot be...
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Without Prejudice: How It Works, Common Mistakes & When To Use it.

Without Prejudice: How It Works, Common Mistakes & When To Use it.

Without prejudice is frequently used in legal and professional negotiations. Simply put, it is an official term that shields communications...
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Dubai Arbitration Week 2024

Dubai Arbitration Week 2024

Seminar: Navigating recovery strategies in insolvencies: UAE/UK perspectives   Summit Law's dispute resolution lawyers, Jeremy Boyle and Alice Lithgow, are...
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Overdrawn Director’s Loan Account: Definition, Interest, Problems & More

Overdrawn Director’s Loan Account: Definition, Interest, Problems & More

A director's loan account (DLA) is a record of any money a director either borrows from or lends to the...
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Transactions At Undervalue (TUV): Your Complete Guide

Transactions At Undervalue (TUV): Your Complete Guide

For directors managing financially distressed companies, a comprehensive understanding of transactions at an undervalue (TUV) is not just beneficial, but...
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Wrongful Trading: A Comprehensive Guide For UK Directors

Wrongful Trading: A Comprehensive Guide For UK Directors

Under UK law, directors are required to act in the best interests of the company and its creditors, especially during...
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Misfeasance: Definition, Types & Consequences

Misfeasance: Definition, Types & Consequences

Misfeasance occurs when someone in a position of responsibility (e.g. company directors, officers, or other fiduciaries) carries out their duties...
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Staff Employment Contracts: Definition, Types & Benefits

Staff Employment Contracts: Definition, Types & Benefits

What is a contract of employment? A staff employment contract is a legally binding agreement between an employer and an...
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Commercial Arbitration: What Is It, Types & Benefits

Commercial Arbitration: What Is It, Types & Benefits

What is Commercial Arbitration? Commercial arbitration is a method for resolving business disputes. Unlike traditional court litigation, arbitration offers a...
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