IP representatives make key Brexit recommendations

A group of representatives of intellectual property organisations have written to the government with a list of key recommendations that need to be addressed in relation to Brexit. The note, sent by representatives of the main UK IP professions including IP solicitors, IP barristers, chartered patent attorneys, and chartered trade mark attorneys, recommends that the … Continued

Conversion of Charitable Companies to CIOs

On 1 January 2018, new regulations came into force which allow charitable companies and Community Interest Companies (“CICs”) to convert to Charitable Incorporated Organisations (“CIOs”).  The regulations also create restrictions on names of new CIOs.  This update considers the implications of the regulations and whether conversion is something which existing charitable companies should consider. Background … Continued

The UK 200 Group publishes its SME Valuation Index 2017

The UK 200 Group is an association of Accountancy and Law firms who offer strategic and specialist business services and advice to owner managed, small and medium sized businesses, operating in key industries throughout the UK. The UK 200 Corporate Finance Panel, of which Myerson Solicitors are a member, provide lead advisory and transaction support … Continued

What is the “ordinary and proper course of business”?

It is common to refer to payments made in the ordinary and proper course of business in corporate and commercial contracts, as well as in undertakings given in the context of legal proceedings. However, it has not always been clear what will fall within this definition: for example, does it include unprecedented or exceptional expenditure?

Family Investment Companies

What is a Family Investment Company (FIC)? An FIC is a UK resident company whose shareholders are family members, which will usually include spouses, children and grandchildren. FIC’s offer a tax efficient way to retain control over assets and pass them to the next generation. It is therefore worth considering an FIC as part of … Continued


Franchising – European Parliament calls for increased governance

The European Parliament has recently given consideration to the performance of the Franchising sector in the European Union (EU), in particular in the retail sector, and on 12 September 2017 adopted a resolution setting out its preliminary proposals for reform. By way of background, the European Parliament conducted research and found that Franchising is under-performing … Continued


Net bogey for Ping as CMA imposes £1.45m fine

Ping Europe Limited was recently fined £1.45 million for breaches of the Competition Act 1998 (Act). Ping, a well-known golf club manufacturer, had entered into agreements with two retailers which prevented distribution of Ping golf clubs via the internet. These agreements were decided by the Competition and Markets Authority (CMA) to infringe the Act. The … Continued

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