Business Law Report: UK Legal System, Regulations, and Implications
VerifiedAdded on 2020/11/12
|15
|5531
|141
Report
AI Summary
This report delves into the intricacies of UK business law, providing a comprehensive overview of the legal framework governing business operations. It begins by explaining the sources of UK law, including common law, European law, and legislation, and details the role of the government in the law-making process. The report then examines key regulations such as health and safety, equal opportunities, and the General Data Protection Regulation (GDPR), highlighting their importance for businesses. Furthermore, it analyzes the relationship between employers and employees, and suggests alternative legal solutions. The report underscores the significance of understanding and adhering to these laws and regulations to ensure business compliance and ethical practices. It provides a detailed analysis of statutory and common law, discussing their applications in justice courts, and the importance of health and safety regulations, as well as the Equality Act 2010. The report also explores the impact of these regulations on businesses, particularly in the context of establishing a public limited company, and the need to maintain a safe and equitable working environment.

BUSINESS LAW
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser

Table of Contents
INTRODUCTION...........................................................................................................................1
SECTION 1......................................................................................................................................1
TASK 1............................................................................................................................................1
a) Explaining the legal laws and the different source of UK laws..............................................1
b) Role of government in law making process and the process applied in the justice courts.....2
TASK 2............................................................................................................................................4
1. Health and safety regulations..................................................................................................4
2. Equal Opportunities regulations..............................................................................................5
3. General Data Protection Regulation. (GDPR)........................................................................6
SECTION 2 .....................................................................................................................................6
TASK 3............................................................................................................................................6
a). Appropriate legal advice........................................................................................................6
TASK 4............................................................................................................................................9
b) Recommend an Alternative legal solutions............................................................................9
CONCLUSION .............................................................................................................................10
REFERENCES .............................................................................................................................11
INTRODUCTION...........................................................................................................................1
SECTION 1......................................................................................................................................1
TASK 1............................................................................................................................................1
a) Explaining the legal laws and the different source of UK laws..............................................1
b) Role of government in law making process and the process applied in the justice courts.....2
TASK 2............................................................................................................................................4
1. Health and safety regulations..................................................................................................4
2. Equal Opportunities regulations..............................................................................................5
3. General Data Protection Regulation. (GDPR)........................................................................6
SECTION 2 .....................................................................................................................................6
TASK 3............................................................................................................................................6
a). Appropriate legal advice........................................................................................................6
TASK 4............................................................................................................................................9
b) Recommend an Alternative legal solutions............................................................................9
CONCLUSION .............................................................................................................................10
REFERENCES .............................................................................................................................11

INTRODUCTION
Business law encompasses all the laws that dictate how to form and run a business. This
is the regulatory guide and indicatives to take the all business activities according to structured
businesses. Business laws defines the different regulatory laws and govern how to start, buy and
manage the close or sell the any type of business. Business laws consist two main body of law
which governs business and commerce that are commercial law and business law. This makes
the proper implementation process to take the better advancing growth channel. Present study
will be explaining or discussing on the topic of business laws on the basis of some following
points. Present study will be explaining the meaning of this statement of the various sources of
UK laws. Besides, it will also explain the role of the UK government in the law making process.
This assignment will be split into two sections. Under the first part of the section will be
providing the overview or the concept of government laws. Besides, in this second part of the
section will be providing the glimpse of the importance of employer and employee relationship
and some potential implications and their following impacts on the business. Further, it will also
explain alternative legal solutions for Champion ltd.
SECTION 1
TASK 1
a) Explaining the legal laws and the different source of UK laws.
The state of opening of parliament is an event which is formally marks the beginning of a
session of the parliament of the United Kingdom. Besides, Queen open the all new legislatures or
and deliver the government speech. It happens every year in October or November after
immediate general election (AREA, 2014). This is the occasion which is known by state opening
in the main ceremonial event of the parliament calendar attracting large crowds and a significant
television and online audience. This makes the proper effective implementation process to be
done by the main regulatory bodies. Queen speech given by the Queen in the house of lords.
Although, speech was written by the government that contains the proposed policies and
regulations mentioned for the new parliament sessions. All the parliament members agreed with
the speech and then move back to the work with new parliamentary rules and regulations.
Generally, it called parliament in sovereignty it is the basically unwritten constitution. In terms of
UK constitution it is described as uncodified that means UK does not have single written
constitution (Allen and Kraakman, 2016). The main purpose of this constitution or the laws to
1
Business law encompasses all the laws that dictate how to form and run a business. This
is the regulatory guide and indicatives to take the all business activities according to structured
businesses. Business laws defines the different regulatory laws and govern how to start, buy and
manage the close or sell the any type of business. Business laws consist two main body of law
which governs business and commerce that are commercial law and business law. This makes
the proper implementation process to take the better advancing growth channel. Present study
will be explaining or discussing on the topic of business laws on the basis of some following
points. Present study will be explaining the meaning of this statement of the various sources of
UK laws. Besides, it will also explain the role of the UK government in the law making process.
This assignment will be split into two sections. Under the first part of the section will be
providing the overview or the concept of government laws. Besides, in this second part of the
section will be providing the glimpse of the importance of employer and employee relationship
and some potential implications and their following impacts on the business. Further, it will also
explain alternative legal solutions for Champion ltd.
SECTION 1
TASK 1
a) Explaining the legal laws and the different source of UK laws.
The state of opening of parliament is an event which is formally marks the beginning of a
session of the parliament of the United Kingdom. Besides, Queen open the all new legislatures or
and deliver the government speech. It happens every year in October or November after
immediate general election (AREA, 2014). This is the occasion which is known by state opening
in the main ceremonial event of the parliament calendar attracting large crowds and a significant
television and online audience. This makes the proper effective implementation process to be
done by the main regulatory bodies. Queen speech given by the Queen in the house of lords.
Although, speech was written by the government that contains the proposed policies and
regulations mentioned for the new parliament sessions. All the parliament members agreed with
the speech and then move back to the work with new parliamentary rules and regulations.
Generally, it called parliament in sovereignty it is the basically unwritten constitution. In terms of
UK constitution it is described as uncodified that means UK does not have single written
constitution (Allen and Kraakman, 2016). The main purpose of this constitution or the laws to
1
⊘ This is a preview!⊘
Do you want full access?
Subscribe today to unlock all pages.

Trusted by 1+ million students worldwide

just develop the new rules and regulation to devolution of power such as Scottish parliament will
take care the needs of the company structured and long lasting effects on the nature of matter.
This will also help to connect the all regulations and prime sources of channel of better
mentioning facts. Overall, it makes good impact on the business functions to take care the needs
of the organization growth and challenging growth.
Different types of sources of law-making
Common law: Common law is the first source of channel which is the body of
government that derived from judicial decisions of courts and similar tribunals (Bertinelli and
Bourgain, 2016). This is uncodified law that means there is no comprehensive compilation of
legal rules and statutes. In this source of laws have made decisions and all the cases solved by the
judges of the tribunal assemble. It gives the better decision making approach to take the better
decision making approach
European law-making: European laws making source is the variety of legislative
procedures depends on the situation or case. This made for the company smooth performance
and helps to ensure the company ethical environment for the safety of business functions.
Judiciaries : it is the type of government body with having more than one judges that
helps to solve the case and disputes by issuing judgments. The judiciary system is the long
lasting performing and challenging matter of fact that helps to keep the businesses safe and
secure. A discussion of the court of the law leads to the concepts of precedents and stare and
decisis (Boldt, Kassis and Smith, 2017).
International organizations: it is the another source of law, that has been given great
impact on the business law. Businesses are having their business at international level that
requires taking the best advancing level. This helps to regulate or guide international businesses
laws and regulations which is required to be amend by all the business firms.
Legislation: this is the most crucial and necessary source of law, this regulatory code of
conduct is mandatory to follow by all four countries (Cheeseman and Garvey, 2014). It consists
house of common and house pf lords which is hired by the queen and recommended by prime
minister. The main purpose of this legislation are to protect the functions of the business
organizations.
2
take care the needs of the company structured and long lasting effects on the nature of matter.
This will also help to connect the all regulations and prime sources of channel of better
mentioning facts. Overall, it makes good impact on the business functions to take care the needs
of the organization growth and challenging growth.
Different types of sources of law-making
Common law: Common law is the first source of channel which is the body of
government that derived from judicial decisions of courts and similar tribunals (Bertinelli and
Bourgain, 2016). This is uncodified law that means there is no comprehensive compilation of
legal rules and statutes. In this source of laws have made decisions and all the cases solved by the
judges of the tribunal assemble. It gives the better decision making approach to take the better
decision making approach
European law-making: European laws making source is the variety of legislative
procedures depends on the situation or case. This made for the company smooth performance
and helps to ensure the company ethical environment for the safety of business functions.
Judiciaries : it is the type of government body with having more than one judges that
helps to solve the case and disputes by issuing judgments. The judiciary system is the long
lasting performing and challenging matter of fact that helps to keep the businesses safe and
secure. A discussion of the court of the law leads to the concepts of precedents and stare and
decisis (Boldt, Kassis and Smith, 2017).
International organizations: it is the another source of law, that has been given great
impact on the business law. Businesses are having their business at international level that
requires taking the best advancing level. This helps to regulate or guide international businesses
laws and regulations which is required to be amend by all the business firms.
Legislation: this is the most crucial and necessary source of law, this regulatory code of
conduct is mandatory to follow by all four countries (Cheeseman and Garvey, 2014). It consists
house of common and house pf lords which is hired by the queen and recommended by prime
minister. The main purpose of this legislation are to protect the functions of the business
organizations.
2
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser

b) Role of government in law making process and the process applied in the justice courts.
Government and parliament are the two main bodies who is liable to pass the bill of
parliament and necessary policy making charges. In terms of UK based legal systems, it has three
separate legal systems England and wales, Scotland and Northern Ireland. There are some set of
structure under which bills has been passed from one hand to last hand. Passing o bills has start
either from house of lords or house of commons (Craig, 2016). After, approval from both the
houses, they have been signed by the Queen and then this become the parliament law and
regulation. The main purpose of making rules and making new regulation is that to protect the
country economy and interest. Besides, it will make business process easier and protective. This
also means that every kind of business in the UK territory has to be amend all required laws and
legislatures made by the government. In spite of that, before implementing the new rule and
policies. It has been said that, government always review the plans and need of the laws and then
applied on the businesses. On the other hand, laws or new code of conduct has been made on the
basis of crime ratio of the country (Dau-Schmidt, Finkin and Covington, 2016). It has always
been renewed and modified according to the situations and needs.
This gives the good impact on the overall society and industries that helps to maintained
the proper strict discipline and good environment withing country. It has been suggested that, it
is the long process to add the best effective policy making task determined process to takes the
better decision and maintained the country discipline level. This makes the proper implementing
process that makes the good impact on the national level. Overall,
Applications of statutory and common law in justice court
There are different types of laws and structures are presents the different kinds of laws.
Common law and equity law is two different types of law systems that are often confusing and
long lasting effectiveness and better implementing goals (Farhang, Kastellec and Wawro, 2015).
This process will help to control the business function and best approachable process of making
good business environment process.
The major difference between common and statutory law is that to lien in the deficiencies
of the common law remedy. This helps to generate the new rights and policies to make the proper
effective and challenging task. Statutory law is the law that has been passed from different
governmental agencies (Faulconbridge and Muzio, 2014). Under which there some systems and
laws has been fixed for the organization that to be followed compulsory. Overall, it brings new
3
Government and parliament are the two main bodies who is liable to pass the bill of
parliament and necessary policy making charges. In terms of UK based legal systems, it has three
separate legal systems England and wales, Scotland and Northern Ireland. There are some set of
structure under which bills has been passed from one hand to last hand. Passing o bills has start
either from house of lords or house of commons (Craig, 2016). After, approval from both the
houses, they have been signed by the Queen and then this become the parliament law and
regulation. The main purpose of making rules and making new regulation is that to protect the
country economy and interest. Besides, it will make business process easier and protective. This
also means that every kind of business in the UK territory has to be amend all required laws and
legislatures made by the government. In spite of that, before implementing the new rule and
policies. It has been said that, government always review the plans and need of the laws and then
applied on the businesses. On the other hand, laws or new code of conduct has been made on the
basis of crime ratio of the country (Dau-Schmidt, Finkin and Covington, 2016). It has always
been renewed and modified according to the situations and needs.
This gives the good impact on the overall society and industries that helps to maintained
the proper strict discipline and good environment withing country. It has been suggested that, it
is the long process to add the best effective policy making task determined process to takes the
better decision and maintained the country discipline level. This makes the proper implementing
process that makes the good impact on the national level. Overall,
Applications of statutory and common law in justice court
There are different types of laws and structures are presents the different kinds of laws.
Common law and equity law is two different types of law systems that are often confusing and
long lasting effectiveness and better implementing goals (Farhang, Kastellec and Wawro, 2015).
This process will help to control the business function and best approachable process of making
good business environment process.
The major difference between common and statutory law is that to lien in the deficiencies
of the common law remedy. This helps to generate the new rights and policies to make the proper
effective and challenging task. Statutory law is the law that has been passed from different
governmental agencies (Faulconbridge and Muzio, 2014). Under which there some systems and
laws has been fixed for the organization that to be followed compulsory. Overall, it brings new
3

major changes and applying with the same changes and growth. This makes customer happy and
satisfied according to needs and wants. Overall, it brings new major task performing functions.
This makes the best and effective challenging growth oriented process. Effective legal and
statutory system will help to motivate the better advancing growth and effective process. Overall,
it brings the better advancing and better environment challenging growth manner (Frankle and
et.al., 2014). This practices will make good impact on the overall process that helps to take the
better decision making approach. Overall, it brings new better challenging growth. Apart from
that, it brings new challenging matter of fact.
TASK 2
1. Health and safety regulations.
JPM company has been made from three friends Jane, Penny and Marie from university.
For making company into public limited company with the purpose to generating capital
expansion for the company. Partners needs to follow and considered the regulations and acts of
the business (Hiller and Shackelford, 2018). This also needs to explain the better advancing and
better effective growth. Health and safety regulation is the most necessary and essential part and
act within the business organizations.
According to health and safety act 1974, it defines the importance between the better
advancing and long lasting things and matter of fact. Overall, this also defines the relationship
between employee and employer. This shows that every company requires keeping the working
environment safe and secure for their employees. Before, transferring company into public
company, JPM requires amending Health and safety regulations in the business functions. This
helps company to prevent from the risk and government interference in the business functions.
To make company effective and powerful every employer have responsibility to adopt the all
updated regulations and act in order to ensure the positive working environment int eh company.
This also enhance the motivation level of the individual employees to be working in the specific
company or an organization (Hutson, ed., 2017). Government also take review the policies and
laws according to situations and availability. Such as changes in technologies enhance the
industries risks. Overall, it becomes the proper and implementing decision making approach.
This must be effective and challenging according to needs and wants of the employees'
protection.
4
satisfied according to needs and wants. Overall, it brings new major task performing functions.
This makes the best and effective challenging growth oriented process. Effective legal and
statutory system will help to motivate the better advancing growth and effective process. Overall,
it brings the better advancing and better environment challenging growth manner (Frankle and
et.al., 2014). This practices will make good impact on the overall process that helps to take the
better decision making approach. Overall, it brings new better challenging growth. Apart from
that, it brings new challenging matter of fact.
TASK 2
1. Health and safety regulations.
JPM company has been made from three friends Jane, Penny and Marie from university.
For making company into public limited company with the purpose to generating capital
expansion for the company. Partners needs to follow and considered the regulations and acts of
the business (Hiller and Shackelford, 2018). This also needs to explain the better advancing and
better effective growth. Health and safety regulation is the most necessary and essential part and
act within the business organizations.
According to health and safety act 1974, it defines the importance between the better
advancing and long lasting things and matter of fact. Overall, this also defines the relationship
between employee and employer. This shows that every company requires keeping the working
environment safe and secure for their employees. Before, transferring company into public
company, JPM requires amending Health and safety regulations in the business functions. This
helps company to prevent from the risk and government interference in the business functions.
To make company effective and powerful every employer have responsibility to adopt the all
updated regulations and act in order to ensure the positive working environment int eh company.
This also enhance the motivation level of the individual employees to be working in the specific
company or an organization (Hutson, ed., 2017). Government also take review the policies and
laws according to situations and availability. Such as changes in technologies enhance the
industries risks. Overall, it becomes the proper and implementing decision making approach.
This must be effective and challenging according to needs and wants of the employees'
protection.
4
⊘ This is a preview!⊘
Do you want full access?
Subscribe today to unlock all pages.

Trusted by 1+ million students worldwide

In case of breach of contract of the regulations part will become the most enlarging and
emerging growth channel. Overall, it brings new challenging and long lasting effects. Besides, it
brings the new major effective goals and task making process. This has very much required to
make better fast forward decision making process to be implementing accordingly.
This authority and challenging growth makes the process and challenging given task.
Health and safety regulations are meant to be according to needs and wants of the better
protection (Kraakman and Hansmann, 2017). Some other regulations are meant to be organized
under the health and safety act. Such as management of health and safety at work regulations
1999 which is called management Regs'. This makes the process and influencing and challenging
for the company challenging purpose. Overall, it brings the more effective challenging functional
growth for giving employees more protection. Overall, the workplace regulation act 1992 also be
very important that makes the provisions of these regulations require protecting employee
growth. Likewise, all health and safety related act will help company to take care of the better
healthy environment and taking good feedback from the customers (Lareau et.al, 2016). It also
helps to bring the long challenging fact and facing high risk in case of not following the laws
perfectly.
2. Equal Opportunities regulations.
Equality act 2010 is the another necessary regulation for the company to be adopted in
order to make the good impact on the nature of growth. Overall, it brings the better fast forward
decision making approach. Overall, it brings new level of opportunity that helps to make better
effective regular impact. This act should applicable on all companies to maintained the proper
and positive working environment (Equality Act 2010: guidance, 201). This act prohibits
discrimination among employment in terms of training, education, age, disability, gender, sex,
religion, marriage etc. this helps to take the long lasting effectiveness to make the better fast
forward decision making approach. Overall, overall, it brings the new emerging and challenging
growth channel to bring new matter of fact.
This brings the new level of changes and right implementing process of challenging
growth. This makes the best effective process and impact full decision making growth. Employer
always needs to be impressive and challenging according to nature of growth. That gives the
process and performance oriented task to be make in proper way (Orlov, 2016). This is the
another act and effective performances making task to be well oriented and task making
5
emerging growth channel. Overall, it brings new challenging and long lasting effects. Besides, it
brings the new major effective goals and task making process. This has very much required to
make better fast forward decision making process to be implementing accordingly.
This authority and challenging growth makes the process and challenging given task.
Health and safety regulations are meant to be according to needs and wants of the better
protection (Kraakman and Hansmann, 2017). Some other regulations are meant to be organized
under the health and safety act. Such as management of health and safety at work regulations
1999 which is called management Regs'. This makes the process and influencing and challenging
for the company challenging purpose. Overall, it brings the more effective challenging functional
growth for giving employees more protection. Overall, the workplace regulation act 1992 also be
very important that makes the provisions of these regulations require protecting employee
growth. Likewise, all health and safety related act will help company to take care of the better
healthy environment and taking good feedback from the customers (Lareau et.al, 2016). It also
helps to bring the long challenging fact and facing high risk in case of not following the laws
perfectly.
2. Equal Opportunities regulations.
Equality act 2010 is the another necessary regulation for the company to be adopted in
order to make the good impact on the nature of growth. Overall, it brings the better fast forward
decision making approach. Overall, it brings new level of opportunity that helps to make better
effective regular impact. This act should applicable on all companies to maintained the proper
and positive working environment (Equality Act 2010: guidance, 201). This act prohibits
discrimination among employment in terms of training, education, age, disability, gender, sex,
religion, marriage etc. this helps to take the long lasting effectiveness to make the better fast
forward decision making approach. Overall, overall, it brings the new emerging and challenging
growth channel to bring new matter of fact.
This brings the new level of changes and right implementing process of challenging
growth. This makes the best effective process and impact full decision making growth. Employer
always needs to be impressive and challenging according to nature of growth. That gives the
process and performance oriented task to be make in proper way (Orlov, 2016). This is the
another act and effective performances making task to be well oriented and task making
5
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser

performance. According to nature or effective growth. JPM required to pay equal attention to
their every employee and wages as per the required and amended pay scale. This makes the good
impression in front of the employees and challenging growth, this act should protect the interest
of employees and growing faith in between all employees. For example, it is unlawful to recruit
someone or refuse to recruit someone because of their age. This makes the effective process and
task oriented skills that helps to make the better fast forwards relationship growth.
Disability is the another element on the basis of which many of the employees
discriminated and facing challenges in the working activities (Painter and Holmes, 2015). These
such kinds of activity should not be allowed in the organizations. For avoiding these kinds of risk
involvement activities. Company should requires to adopt equality act.
3. General Data Protection Regulation. (GDPR).
This is the another task and regulated body that helps to protect the protection and
privacy for all individuals with the European country. This act prohibits the method to disclose
the personal details with anyone else. In terms of Europe it is one of the strongest data protection
rules country. It comes into action and force on May 25, 2018. To modernize the laws that
protect the personal information of individuals. This is the most necessary and required law to be
amend on the company to make sure the safety of clients or employee data. On the other hand, it
also helps to make the better securing task making performance. This makes the process or
implementing by the JPM in order to make the best required and generating task making
performance (Robson, 2015). Overall, it helps to take the best approachable task making
performance. That makes the good impact full decision making approach. JPM should need to
follow all required act and regulations. In order to meet the needs of the government as well as
company structures.
Overall, it brings the best approachable and fast forwards relationship between the best
performance level. This is the mandatory law that imposed on the company to make sure and
protect the company image in front of their customers and employees. Overall, it brings the
better and approachable task making performance oriented act. Overall, it requires making better
effective performance making task.
6
their every employee and wages as per the required and amended pay scale. This makes the good
impression in front of the employees and challenging growth, this act should protect the interest
of employees and growing faith in between all employees. For example, it is unlawful to recruit
someone or refuse to recruit someone because of their age. This makes the effective process and
task oriented skills that helps to make the better fast forwards relationship growth.
Disability is the another element on the basis of which many of the employees
discriminated and facing challenges in the working activities (Painter and Holmes, 2015). These
such kinds of activity should not be allowed in the organizations. For avoiding these kinds of risk
involvement activities. Company should requires to adopt equality act.
3. General Data Protection Regulation. (GDPR).
This is the another task and regulated body that helps to protect the protection and
privacy for all individuals with the European country. This act prohibits the method to disclose
the personal details with anyone else. In terms of Europe it is one of the strongest data protection
rules country. It comes into action and force on May 25, 2018. To modernize the laws that
protect the personal information of individuals. This is the most necessary and required law to be
amend on the company to make sure the safety of clients or employee data. On the other hand, it
also helps to make the better securing task making performance. This makes the process or
implementing by the JPM in order to make the best required and generating task making
performance (Robson, 2015). Overall, it helps to take the best approachable task making
performance. That makes the good impact full decision making approach. JPM should need to
follow all required act and regulations. In order to meet the needs of the government as well as
company structures.
Overall, it brings the best approachable and fast forwards relationship between the best
performance level. This is the mandatory law that imposed on the company to make sure and
protect the company image in front of their customers and employees. Overall, it brings the
better and approachable task making performance oriented act. Overall, it requires making better
effective performance making task.
6

SECTION 2
TASK 3
a). Appropriate legal advice
i)
In context to case study it can be seen that Champion ltd. was shifted by one place to
another due to development of a new stadium by a premier league club. For this company was
given cash payment. But its negative impact was on decrease in customers (Kraakman and
Hansmann, 2017). Due to this there are not able to pay to their creditors. They are threatening
company to take legal action against company. Creditors of Champion ltd. is having the power to
take legal action against it. This is because Champion ltd. is not able to pay the loan amount to
bank and other creditors. This is due to decline in their profits and customers. So the company is
not in a situation to pay amount to creditors. Taking legal action against company will lead to
liquidation. Therefore, in this way creditors will get their money back. Besides this, there are
many legal solutions that are available to creditors. These are as follows :-
In this case the liquidation that can be done is either creditors voluntary or court
appointed liquidation.
Creditors voluntary liquidation – It is done when company is not able to meet the debts of
creditors that is it become insolvent. In this a systematic procedure is followed. It helps in
effective and proper liquidation (Hiller and Shackelford, 2018). The procedure is described as
below :-
Firstly directors of company has to agree with this.
Then notice is given to member and creditors and meeting is organised. For this a
chairperson is appointed by directors.
In meeting company is declared as insolvent by directors and a statement is issued
regarding this.
At last procedure is followed and implemented.
Court appointed liquidation – It is a liquidation that has been given by court. This type of
liquidation is done when creditor believes that company is insolvent and takes legal action
against it. It this company continue to trade so that creditors' debt can be recovered. Basically,
this is the last option that is followed.
7
TASK 3
a). Appropriate legal advice
i)
In context to case study it can be seen that Champion ltd. was shifted by one place to
another due to development of a new stadium by a premier league club. For this company was
given cash payment. But its negative impact was on decrease in customers (Kraakman and
Hansmann, 2017). Due to this there are not able to pay to their creditors. They are threatening
company to take legal action against company. Creditors of Champion ltd. is having the power to
take legal action against it. This is because Champion ltd. is not able to pay the loan amount to
bank and other creditors. This is due to decline in their profits and customers. So the company is
not in a situation to pay amount to creditors. Taking legal action against company will lead to
liquidation. Therefore, in this way creditors will get their money back. Besides this, there are
many legal solutions that are available to creditors. These are as follows :-
In this case the liquidation that can be done is either creditors voluntary or court
appointed liquidation.
Creditors voluntary liquidation – It is done when company is not able to meet the debts of
creditors that is it become insolvent. In this a systematic procedure is followed. It helps in
effective and proper liquidation (Hiller and Shackelford, 2018). The procedure is described as
below :-
Firstly directors of company has to agree with this.
Then notice is given to member and creditors and meeting is organised. For this a
chairperson is appointed by directors.
In meeting company is declared as insolvent by directors and a statement is issued
regarding this.
At last procedure is followed and implemented.
Court appointed liquidation – It is a liquidation that has been given by court. This type of
liquidation is done when creditor believes that company is insolvent and takes legal action
against it. It this company continue to trade so that creditors' debt can be recovered. Basically,
this is the last option that is followed.
7
⊘ This is a preview!⊘
Do you want full access?
Subscribe today to unlock all pages.

Trusted by 1+ million students worldwide

Delayed payments- in this Champion ltd. can delay the payment of creditor for a specific period
(Vargas, Dasari and Vargas, 2015). This means that payment will be given with interest rate. It
will help in continuing business. With this company will not wind up.
Creditor negotiation- in this Champion ltd. can make negotiation with creditor. They can
provide a payment plan to them. In this a particular time period can be given so that creditor do
not take any legal action.
Therefore, it can be concluded that creditors of Champion ltd. has the right to take legal
action. The company can either follow the creditor voluntary or court appointed liquidation. It
will help in recovering debt. The other two methods can be followed by Champion ltd. that will
help in continuing trade. Then slowly debt can be returned to creditors. Therefore, in this way
creditors will get their money back.
ii)
This case shows that Mr. Anderson was working as CFO with Amber ltd. His
employment contract states that before termination notice must be given within 12 months. Mr.
Anderson received an offer from Beta ltd. To work for them as CEO. Mr. Anderson accepted
that offer and terminated contract before specified period of 12 months (Trevino and Nelson,
2016). Thus, Amber ltd. Is seeking an injunction to prevent Mr. Anderson to join another
company. The case reflects on the agreement between Mr. Anderson and Amber ltd. It states
that before leaving the job Mr. Anderson must serve the notice period of 12 months.
In this case Mr. Anderson can terminate the contract any time by having agreement
between parties. It includes employment contract that can be cancelled by taking the initiative of
employer or employee. But by doing this Mr. Anderson can get an injunction from court. This
will restrict him to work for Beta ltd. So in order to overcome this Mr. Anderson can serve the
notice period of 12 months. After doing this, Mr. Anderson can terminate the contract and can
work for Beta ltd.. In this case Amber ltd. Has the right to take injunction against Mr. Anderson,
it is because as per the employment contract he has not given notice before 12 months. So
company is having right to reach court (Boldt, Kassis and Smith, 2017).
if Amber gets an injunction for Mr. Anderson it will be difficult for him to join Beta. An
injunction is a court order that restrict a person to carry or perform a specific act. In forces person
to complete the notice period. This will spoil the image of Mr. Anderson and he will not be able
work in any other organisation. On the other hand if he serves notice period then he can build
8
(Vargas, Dasari and Vargas, 2015). This means that payment will be given with interest rate. It
will help in continuing business. With this company will not wind up.
Creditor negotiation- in this Champion ltd. can make negotiation with creditor. They can
provide a payment plan to them. In this a particular time period can be given so that creditor do
not take any legal action.
Therefore, it can be concluded that creditors of Champion ltd. has the right to take legal
action. The company can either follow the creditor voluntary or court appointed liquidation. It
will help in recovering debt. The other two methods can be followed by Champion ltd. that will
help in continuing trade. Then slowly debt can be returned to creditors. Therefore, in this way
creditors will get their money back.
ii)
This case shows that Mr. Anderson was working as CFO with Amber ltd. His
employment contract states that before termination notice must be given within 12 months. Mr.
Anderson received an offer from Beta ltd. To work for them as CEO. Mr. Anderson accepted
that offer and terminated contract before specified period of 12 months (Trevino and Nelson,
2016). Thus, Amber ltd. Is seeking an injunction to prevent Mr. Anderson to join another
company. The case reflects on the agreement between Mr. Anderson and Amber ltd. It states
that before leaving the job Mr. Anderson must serve the notice period of 12 months.
In this case Mr. Anderson can terminate the contract any time by having agreement
between parties. It includes employment contract that can be cancelled by taking the initiative of
employer or employee. But by doing this Mr. Anderson can get an injunction from court. This
will restrict him to work for Beta ltd. So in order to overcome this Mr. Anderson can serve the
notice period of 12 months. After doing this, Mr. Anderson can terminate the contract and can
work for Beta ltd.. In this case Amber ltd. Has the right to take injunction against Mr. Anderson,
it is because as per the employment contract he has not given notice before 12 months. So
company is having right to reach court (Boldt, Kassis and Smith, 2017).
if Amber gets an injunction for Mr. Anderson it will be difficult for him to join Beta. An
injunction is a court order that restrict a person to carry or perform a specific act. In forces person
to complete the notice period. This will spoil the image of Mr. Anderson and he will not be able
work in any other organisation. On the other hand if he serves notice period then he can build
8
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser

image of trust and confidence on Beta ltd. This will help Mr. Anderson to work for them in the
future. It will be easy for him to become a good CEO of Beta ltd (Hiller and Shackelford,
2018). There are other solution that can be applied in this. First of all Amber can allow him to
work by making an agreement that no information will be shared. Second can be that Amer ltd
can take allow him to leave on some conditions, that is they can reduce the notice time. So in
order to overcome this Mr. Anderson can serve the notice period of 12 months. After doing this,
Mr. Anderson can terminate the contract and can work for Beta ltd. Thus, these alternative
solution can be taken into consideration that will help in negotiation between Mr. Anderson and
organisation. Company can also take the help of Alternative Dispute Resolution (ADR) in order
to solve the issue (Trevino and Nelson, 2016.). This will give them appropriate solution to
resolve the conflict. In this way threat of injunction can be overcome by Mr. Anderson. This will
help Mr. Anderson to work for them in the future. Also, it will help in career development.
TASK 4
b) Recommend an Alternative legal solutions.
As according to the case with Anderson Ltd and Beta company that they facing low
financial growth due to relocation of the company structure overall, it makes the proper process
and effective decision making approach (Shaw-Mellors and Poole, 2018). There are different
legal and alternative solution making techniques through company can easily make the better
decision making approach for both the parties. Alternative dispute solution is the most applied
techniques and methods that make the proper effective process of making task. Overall, it brings
the new effective challenging and fast making services to be implemented. ADR is the
procedures for settling the issues between two or more than two parties. There are such strategies
and action or methods of alternative solution making task. Such as Litigation, arbitration,
mediation and negotiation (Trevino and Nelson, 2016). These are the same method through
Amber Ltd company will make protect the company from external disputes. There are given
some explanation of following methods:
Arbitration: it is the first method to be implemented properly in the best possible
manner. Overall, it brings the best approachable task making process and effective challenging
performance. Arbitration is the technique that is similar to an informal trial where third party has
been appointed and effective process making task. Arbitrator is the person who solves the issues
and conflicts of the business parties and make the best approachable task making performance.
9
future. It will be easy for him to become a good CEO of Beta ltd (Hiller and Shackelford,
2018). There are other solution that can be applied in this. First of all Amber can allow him to
work by making an agreement that no information will be shared. Second can be that Amer ltd
can take allow him to leave on some conditions, that is they can reduce the notice time. So in
order to overcome this Mr. Anderson can serve the notice period of 12 months. After doing this,
Mr. Anderson can terminate the contract and can work for Beta ltd. Thus, these alternative
solution can be taken into consideration that will help in negotiation between Mr. Anderson and
organisation. Company can also take the help of Alternative Dispute Resolution (ADR) in order
to solve the issue (Trevino and Nelson, 2016.). This will give them appropriate solution to
resolve the conflict. In this way threat of injunction can be overcome by Mr. Anderson. This will
help Mr. Anderson to work for them in the future. Also, it will help in career development.
TASK 4
b) Recommend an Alternative legal solutions.
As according to the case with Anderson Ltd and Beta company that they facing low
financial growth due to relocation of the company structure overall, it makes the proper process
and effective decision making approach (Shaw-Mellors and Poole, 2018). There are different
legal and alternative solution making techniques through company can easily make the better
decision making approach for both the parties. Alternative dispute solution is the most applied
techniques and methods that make the proper effective process of making task. Overall, it brings
the new effective challenging and fast making services to be implemented. ADR is the
procedures for settling the issues between two or more than two parties. There are such strategies
and action or methods of alternative solution making task. Such as Litigation, arbitration,
mediation and negotiation (Trevino and Nelson, 2016). These are the same method through
Amber Ltd company will make protect the company from external disputes. There are given
some explanation of following methods:
Arbitration: it is the first method to be implemented properly in the best possible
manner. Overall, it brings the best approachable task making process and effective challenging
performance. Arbitration is the technique that is similar to an informal trial where third party has
been appointed and effective process making task. Arbitrator is the person who solves the issues
and conflicts of the business parties and make the best approachable task making performance.
9

This method will be more helpful to take the better output results and task oriented process to be
taken by the third party. On the other hand, it will also help to take the best performing and long
lasting effectively tasks making performance level.
Binding : it is the another business solution making method that helps to make the proper
effective decision making task (Trevino and Nelson, 2016). Binding decision is the ruling that
the parties must abide be weather or not they agree. They also need to make the proper effective
process to be implementing according to business parties needs. On the contrary non binding
results or decision task performance might be ignore by the parties as well.
Mediation: It is the other dispute solution making method to be implemented by the
company for their solving method. This is the long lasting effects and long process. It also helps
to take the better task performing oriented goals. Mediation is an alternative dispute resolution in
which parties appoint one mediator to assist two or more disputants in reaching agreements.
Overall, it helps to take the better decision making approach that makes the good impression on
the part of making decision making process (Vargas, Dasari and Vargas, 2015). It is the easiest
and well effective implemented process on the parties. Overall, it brings the best approachable
and fast forwards decision making process goal oriented. Overall, process will make the best
approachable target goals and parties will easily implement the decision taken by the mediator.
Conciliation: it is the another method of solving the issues between the parties. Overall,
it is the another method of taking the best approachable decision making process. Overall, this
method also gives help to the parties to take the better decision making approach for finding the
best approach for solving the issues (Walsh, D. J., 2015). This is the method to be effective and
challenging performing goals. In this method Conciliator meets party separately to lower the
tension between parties and make better solving decision making task.
CONCLUSION
From the basis of above section, it can be concluded that business laws is the foremost
requirement for the better environment of the company structure. Business law specify some
essential laws and regulations to protect the company activities and functions from government
interference. Present assignment was based on the topic business law that presented the
importance laws activity that makes the process productive and lawful. Besides, this it also
influenced on some specific points such as study has been discussed about various sources of
English law system. Overall, it brings the best approachable and decision making approach that
10
taken by the third party. On the other hand, it will also help to take the best performing and long
lasting effectively tasks making performance level.
Binding : it is the another business solution making method that helps to make the proper
effective decision making task (Trevino and Nelson, 2016). Binding decision is the ruling that
the parties must abide be weather or not they agree. They also need to make the proper effective
process to be implementing according to business parties needs. On the contrary non binding
results or decision task performance might be ignore by the parties as well.
Mediation: It is the other dispute solution making method to be implemented by the
company for their solving method. This is the long lasting effects and long process. It also helps
to take the better task performing oriented goals. Mediation is an alternative dispute resolution in
which parties appoint one mediator to assist two or more disputants in reaching agreements.
Overall, it helps to take the better decision making approach that makes the good impression on
the part of making decision making process (Vargas, Dasari and Vargas, 2015). It is the easiest
and well effective implemented process on the parties. Overall, it brings the best approachable
and fast forwards decision making process goal oriented. Overall, process will make the best
approachable target goals and parties will easily implement the decision taken by the mediator.
Conciliation: it is the another method of solving the issues between the parties. Overall,
it is the another method of taking the best approachable decision making process. Overall, this
method also gives help to the parties to take the better decision making approach for finding the
best approach for solving the issues (Walsh, D. J., 2015). This is the method to be effective and
challenging performing goals. In this method Conciliator meets party separately to lower the
tension between parties and make better solving decision making task.
CONCLUSION
From the basis of above section, it can be concluded that business laws is the foremost
requirement for the better environment of the company structure. Business law specify some
essential laws and regulations to protect the company activities and functions from government
interference. Present assignment was based on the topic business law that presented the
importance laws activity that makes the process productive and lawful. Besides, this it also
influenced on some specific points such as study has been discussed about various sources of
English law system. Overall, it brings the best approachable and decision making approach that
10
⊘ This is a preview!⊘
Do you want full access?
Subscribe today to unlock all pages.

Trusted by 1+ million students worldwide
1 out of 15
Related Documents
Your All-in-One AI-Powered Toolkit for Academic Success.
+13062052269
info@desklib.com
Available 24*7 on WhatsApp / Email
Unlock your academic potential
Copyright © 2020–2025 A2Z Services. All Rights Reserved. Developed and managed by ZUCOL.




