The Court of Session has issued new requirements for commercial actions. These requirements took effect from 27 March 2017 and highlight a change in emphasis for alternative dispute resolution in Scotland.
On the 28 November 2016 the Sheriff Court Small Claims and Summary Cause procedures were replaced with a new Simple Procedure. This new procedure is to be used for financial claims up to £5000 or where specific implement is sought.
The Scottish Government has published their Consultation on proposals for regulations and policy supporting the Private Housing (Tenancies) (Scotland) Act 2016 (“the Act”). The Act is set to replace the current regime of assured and short assured tenancies with a New Private Residential Tenancy from 1 December 2017. Any tenancies created prior to that date will remain unchanged.
Introduction: Recent Research by the Asset Based Finance Association reveals that “outstanding invoices from the construction SMEs currently stand at £7bn = 16% of annual turnover in the sector” and “construction businesses wait an average of 107 days for payment, while manufacturers wait 61 days on average.” In this article, BTO provides some top tips for debt recovery – how to get things right from the outset to avoid debt and what to do if you can’t recover payment.
Clients operating abroad can rely on bto to advise and arrange for representation should they become embroiled in litigation outwith Scotland. We provide a seamless foreign litigation service through our international network Mackrell International (MI).