Legal Obligation to Notify

As touched upon in our previous article relating to the National Security and Investment Act 2021 (the Act), a buyer is legally obliged to tell the government about acquisitions of certain entities if they fall within sensitive areas of the economy, subject to certain criteria. These ‘notifiable acquisitions’ correspond to 17 areas of the economy…

The National Security and Investment Act 2021

Background: On 4th January 2022, the National Security and Investment Act 2021 (the Act) came into force, which allows the government to assess and intervene in investments and other acquisitions of control that may give rise to national security risks. Having assessed an acquisition, the government can impose conditions that allow it to continue, or…

As a sole director, are you lawfully making decisions?

Hashmi v Lorimer-Wing: the original judgement A recent landmark decision by the High Court in Hashmi v Lorimer- Wing [2022] EWHC 191 (Hashmi) seemed to have far reaching implications for companies with a sole director incorporating the Model Articles. In this particular case the judge decided that the company’s articles of association, being amended Model…

Vital information for First Time Buyers

Even with News Outlets reporting that house prices are stagnant, many first time buyers (“FTBs”) still find themselves priced out of the property market. The government have realised this and set up various schemes to assist FTBs looking to get on the housing ladder.   1. Help to Buy Equity Loan (“H2B Loan”) A H2B loan* may be an…