Commercial Law
Professional Services
- Drafting Contracts
- Partnerships
- Shareholder agreements
- Employment disputes
- Dissolution of business
- Debt Collection
- Breaches of fiduciary duties
- Breach of Contract
- Franchising disputes
- Insolvent Trading
Insolvency
When a company begins to experience financial hardship, it often faces conflicting interests. On the one hand, it must continue with commercial transactions to preserve, maintain and hopefully restore the company; on the other, it must respect the integrity of its creditors’ rights by not making such payments which may be seen as showing preference over other creditors.
Economic Loss
Negligence does not entail liability unless the defendant owed the plaintiff a duty of care. With the expansion of the scope of duty of care since the 1960’s it is now possible to claim compensation for pure economic loss resulting from the defendant’s negligence.