28 November 2017
The real impact of the GDPR… new notification obligations
To date, GDPR headlines have mainly focused on the threat of heavy fines. However, the Information Commissioner’s Office (the ‘ICO’) has made it clear that issuing fines has always been, and will continue to be under the GDPR, a last resort. Rather, the most immediate impact of the GDPR following a data breach is the new obligation under Article 29 to notify both the ICO and those individual data subjects affected by data breaches. These individuals are most likely to be the clients, customers, suppliers and other contacts upon which your organisation relies and, following any significant data breach, notification may lead to that breach becoming public.
27 November 2017
What is a term sheet and why is it important?
If you are a founder, entrepreneur or a potential investor, at some stage you are likely to encounter a term sheet. So, what are term sheets actually for and what issues do you need to consider?
30 August 2017
Block chain: Is the GDPR out of date already?
The General Data Protection Regulation (“GDPR”) amounts to a significant overhaul of existing data protection regulation and is designed to be ‘technology neutral’. However, how the GDPR will cope with emerging block chain technology and a move towards the decentralisation of data storage remains to be seen.
14 June 2017
Bridging loan over troubled water? Tips for a quicker and easier refinance
Bridging loans are short term, high interest loans that can be a useful resource to access funds quickly, at a price. Usually the main priority for our clients seeking to take out bridging loans is to drawdown funds quickly. In this blog we aim to share a few tips with borrowers who are considering bridging finance on how to achieve a smoother, quicker and easier refinance. Refinancing will never be stress free, but it can certainly be less stressful if you keep in mind these tips.
5 June 2017
Borrower Beware – Tips for Borrowers
Shakespeare penned the phrase “Neither a borrower nor a lender be” over 400 years ago as a warning that lending arrangements between friends can be damaging to personal relationships. However, borrowing money in any circumstance can become risky if the terms of a loan are not properly understood and negotiated at the outset.
With this in mind, we have prepared a short summary of key points to consider by a borrower when seeking debt funding.