Newsletter July 2010

Client Update from Neves Solicitors
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Client Update
July 2010
In this issue:
Borrowing Advice for Businesses
Unmarried Couples Beware!!
Divorce financial settlements: the effect of cohabitation
Village Green Decision Supplies Blueprint for Obstructing Development
Digital Economy Act 2010
Court Supports Ex-Director's Right to Start New Business

Welcome to the July edition of our newsletter, keeping you up to date with all the latest legal news.

The World Cup is over for another four years, Wimbledon's been and gone, but still, we have the Ashes to come.

Is it safe to borrow again? Advice is recommended…
On the back of George Osborne’s Emergency Budget and as the economy begins to improve – albeit extremely slowly – an increasing number of businesses are looking into borrowing once again. One of our stories this month focuses on this and will make helpful reading for any business looking for funding advice. As this is a crucially important decision, make sure you seek advice from us before taking the plunge.

Unmarried couples beware...
Many unmarried couples do not realise the risks of failing to formalise their living arrangements believing in the myth of 'common law' partnership rights. A case highlighted on our website this month describes the real problems that may arise. For more information see the article below.

Also on our website this month, our matrimonial department reports on the ability for the Courts to re-open financial settlements long after the date of the Court order if either party's financial position should change.

Neves News
The Milton Keynes office is delighted to announce that they were the top performing legal firm in Milton Keynes, and the 25th top performing firm in the UK, in the 2009 Will Aid campaign, raising a total of £4,549.

Will Aid is an annual campaign during which solicitors give up their time to write wills for clients who make a charitable donation instead of paying the usual fee. The donation is paid to Will Aid  who pass it on to the 9 Will Aid charities.

And finally, congratulations to Michele Paul, Liz Prior and Atiyyah Younis for taking part in the Great Xscape Zip Wire Challenge raising over £400 for the Stroke Association. To read Atiyyah's article or to add to the sponsorship money already raised please click here.

Piggy BankAs the economic outlook begins to improve, businesses will be considering how to raise finance to support increased trading. Although the cost of any borrowing is often the most crucial issue, there are other important factors to take into account.

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Many will have recently seen reported in the news the following unfortunate case of a homeowner who was ordered by the Court to give her ex-lover half the value of her house, 17 years after their relationship ended and despite him not making a mortgage...

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If you are receiving or paying maintenance and think there should be a change in the sums paid the following case may be of interest to you. It provides a useful reminder that where a Maintenance Order has been made in favour of a spouse, subsequent...

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Village GreenMost people – and certainly those who have been involved in an opposed planning application – know what a NIMBY is but, following a case heard in the Supreme Court, we may now see the rise of NOOViGs (not on our village greens). The reason for this was the victory of a group of residents in Redcar, who wished to oppose a proposal to develop land which included part of what had been a golf course.

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Patent PendingAs part of the pre-election ‘wash-up’, the Digital Economy Act 2010 became law, bringing with it the right for the Secretary of State to create secondary legislation to require Internet Service Providers to take ‘technical measures’ against subscribers who infringe the Intellectual Property (IP) rights of others by downloading files.

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Business StartupWhen senior employees leave a company, the commercial risks presented can be considerable. A recent case on this subject concerned a director who left the company he worked for and then set up in competition with it.

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