Legal Updates
Archibald Campbell & Harley people know the law, and appreciate the need for clients to be kept abreast of legal matters which might affect their business. Whether it be an important case, recent legislation or simply a hot topic in the industry, you can rely on our lawyers to be up to speed and ready to advise.
The information contained in this section is for general information only. For specific advice, please contact the appropriate person within our people section or email us at enquiries@achws.co.uk. Thank you.
Latest Legal updates (Updated 05 June 2008)
Bankruptcy Reforms Update
We believe this represents a good breakdown of all the main changes. Changes to bankruptcy law only affect people whose creditors petition for them to be made bankrupt or who apply for their own bankruptcy after 1 April 2008. The previous rules still apply to petitions lodged at court and to anyone made bankrupt before 1 April 2008.
Bankruptcy and Diligence Act Scotland 2007
In January 2007 The Scottish Parliament passed The Bankruptcy and Diligence (Scotland) Act 2007.
Forewarned is forearmed - using Caveats to protect your business
If you have business interests in Scotland, it is worth noting that the Scottish courts have a system of advance notice in place which could minimise the risk of being caught unawares by certain interim court orders against your business, for example interim interdict or the appointment of a provisional liquidator.
Late Payment of Debt – new provisions to be aware of
Late payment of debt is an issue which has ongoing interest and the implementation of the Late Payment of Commercial Debts (Interest) Act 1998 will only add to the debate. The process began on 1 November 1998.
Enterprise Act 2003
From 15th September 2003, there will be new corporate insolvency provisions in force affecting the rights of floating charge holders both before and after this date.