Archive for the ‘ Legal & Law ’ Category

An Introduction To Bankrupt Stock And Job Lots

If you are looking ahead to make handsome money in the bull and bear market but not acquaintained with the bankrupt stock and job lots then you may struggle a bit in the beginning and may fall prey to someone. You must have come across the news about the declaration of bankruptcy of some of the reputed companies that had share in the market. You might have been curious enough to know what happens to the stocks of bankrupt companies. Job lots is another investment term that will be highlighted in this article along with bankrupt stock.

In the case of the bankruptcy of the company, the stock itself becomes worthless leaving shareholders with defunct shares that cannot be sold. However, the shareholders may get their money from the share of company’s liquidated assets if there are any left over.

Thus, it is the only money left over from the firm’s liquidated asset, which could help the company in paying back the money to its shareholders. However, everyone who owned share does not get back the money at the same time. A strict order of debt repayment is followed and it goes like this government, financial institutions, other creditors (i.e. suppliers and utility companies), bondholders, preferred shareholders and, finally, common shareholders.

It is because of the residual claim on the assets in the firm and a low tier than the preferred stock classification; the common shareholders get their money at last.

Job lot refers to a particular contract dealing with smaller trading units than those mentioned in the regular contract. It provides a way for the small traders to enter into the market and participate along with the larger traders. Commodity futures trading is the most associated term with job lot. In fact, job lot can also be termed as selling of large quantities of items at low cost. It is used to quickly reduce the amount of stock of a particular item.

Helpland Warn Landlords Need Help To Evict Tenants In 2012

Helpland cautioned landlords today to be wary amidst the latest market upturn and seek advice on evicting tenants due to serious rent arrears.

Recent research shows the number of people investing in buy to let properties rocketed during last year and shows no signs of slowing down. Exceptional tenant demand is driving the market according to research republished in the Financial Times. However, increasing numbers of tenant eviction cases and rent arrears are also unlikely to stop.

The UK saw 275,000 new applications to occupy rented homes during 2011, up by a shade under 25% on the previous year. Alongside traditional tenants such as singles and under 35’s, difficulties in accessing mortgages are believed to be bringing families into the rental sector. Rising demand reduced the average voids to 13.6 days, down from 14.8 in 2010. A rented property in London stayed empty for an average of just 12.2 days. The market responded with an increase in private landlords, who now represent some 20% of all UK housing owners. For many, low mortgage interest rates, falling property prices and high demand prompted an expansion of their portfolio. However, the outlook for even these more experienced landlords is still no completely certain in 2012, with rent arrears up by 18%.

Research from the quarterly BDRC Continental Landlords Panel showed that alongside expansion, many were still losing money. The final quarter of 2011 actually saw the lowest rise in rental yields throughout the year, despite almost half of landlords increasing rents within the previous 12 months. Half of all landlords had also experienced rent arrears. The rise in landlords making a loss was the largest recorded since the Landlords Panel began five years ago. There are also inevitable concerns some landlords could face no choice but to evict tenants due to Housing Benefit caps for claimants in the private sector. Many housing experts worry that the new caps could mean a rise in tenant eviction due to simple discrepancies between the new maximum allowances and existing rental agreements. Industry research already points to an 18% rise in rent arrears during 2011 with an increase of 11,400 tenants owing rent during Q4 alone. By February 2012, 402 tenant eviction cases saw a landlord possession claim issued, with UK courts granting 274 of these orders on a daily basis.

“Tenant eviction cases have increased and in 2012 landlords may sadly still need to evict tenants for rent arrears alone. Landlords must follow the law to the letter, or risk very serious penalties. Yet many newer landlords may not realise that measures such as a Section 8 eviction can resolve problems without any further escalation,” said Lee Daniels, Director of specialist landlord support service Helpland.

Details of Helpland’s support with rent arrears and tenant eviction (including section 21 and section 8 eviction proceedings) can be found at http://www.helpland.co.uk/ The team also operate a dedicated landlord helpline on 0845 450 0536.

Source:
http://www.1888pressrelease.com/helpland-warn-landlords-need-help-to-evict-tenants-in-2012-pr-379497.html

Consequences Of Drinking And Driving

In many countries , drunk driving is an offence and the law makers have every right to prosecute a drunk driver. Driving under the influence of alcohol is not advisable to any one. If you are planning to enjoy in the party and booze – then it is advisable to take someone with you who will not drink and drive you safely to home. Always remember that drinking and driving cannot go hand in hand together. Driving under the influence of alcohol is generally regarded as the impaired driving. The reason is when a driver drives under the influence of alcohol it is the alcohol that controls the driving.

Different countries have different laws for this. There is specific level of alcohol permitted up to which it is not regarded as offence in some countries. This is measured by the amount of alcohol present in the blood. In some places 0.05% to 0.08% alcohol level in the blood is regarded as more than the permitted limit, whereas in some countries 0.12% is the maximum limit. When you have consumes alcohol it’s better not drive.

There are many bad consequences of drunk driving. The most common is meeting with an accident. Sometimes the accident is fatal. That’s the most fatal consequence possible due to drunk driving. Avoid being in this situation is completely in our hand. If we control ourselves then there would not be any situation where we need to drive under the influence of alcohol. There is a permissible limit of alcohol consumption – try to restrict yourself within that limit. If we act responsibly, we can avoid the harmdul outcome of drunk driving. If you get caught for this offence for several times there are chances that your license gets cancelled permanently.

Commercial property solicitors explained

If you have been in the position where you have had to buy or let premises for business use before then you may have come into contact with commercial property solicitors at some point. Most businesses need properties in which they conduct their day to day activities so it is no wonder that professionals who are experts in the relevant area of law are usually in demand.
Commercial property solicitors are typically used by both parties in any business property transaction to deal with the legal matters associated with the deal. They are used to advise their clients on their legal positions and to make sure all the right paperwork is filled out to make a sale or rental official. Even nowadays when the effects of the recession are well known to most of us there is still the need for firms to find the right buildings for them so commercial property solicitors remain highly sought after.
It will not surprise you to hear that commercial property solicitors deal with transactions of all sorts of premises. Properties ranging from newly refurbished office blocks to small workshops or large factory are regular sources of work for these sorts of professionals. Whether the client is an internet marketing firm looking to expand its operations with more extensive office space or a car manufacturing interested in downsizing by selling up and renting somewhere smaller commercial property solicitors should be able to give them legal advice as well as practical help.
Property law in general is a complex area let alone the specialist branch that is commercial property law. It can be extremely difficult for a layperson to understand and there are many potential pitfalls. Consequently it is advisable to enlist the services of commercial property solicitors to make sure your interests are protected. Specialist franchise lawyers can be used for transactions related to opening a franchise.
Finding commercial property solicitors…
If you are looking for commercial property solicitors which you can trust at the moment then visit Lawdepartment.co.uk. The firm is a provider of high quality franchise solicitors as well so is a useful contact to have.

Facilitating Negligence Compensation Claims

For all those victims of negligence, ought to seek help of negligence compensation claims through help of an efficient lawyer. The professional lawyers advice you on where to reach help and how to handle any such situation like a pro. The duty of doctors is to help us especially when you are injured or sick.

One has to undergo different types of losses, such as accountancy negligence, or medical negligence or negligence at workplace or anywhere. Thus, the primary thing to do is to ensure that absolute care is taken to meet or handle all kinds of compensation cases. Therefore, if you think that you have countered any such problem due to a thirds person’s fault, then you are entitled to file <a href=”http://www.compensationlawyers.com/negligence-compensation-claims.html”>negligence compensation claims</a>.

Have you heard of conveyance negligence? This kind of error is caused when you suddenly come to know that your home is perched on any type of restricted land, which are actually used for dumping matters. This might bring in a lot of problems and legal complication. Therefore, in that case you would definitely need to seek help of lawyers.

Therefore, when you are seeking help through lawyers about <a href=”http://www.compensationlawyers.com/negligence-compensation-claims.html”>negligence claims</a> then you have to seek the right person’s help for the right advice. Sometimes, any kind of medical negligence can bring in severe problems. This is the reason why you can file for such cases, where you can seek the kind of help exactly you are looking for.

Therefore, if you are victim of such kind of claims, then you ought to seek the kind of help that you are looking forward to. But realising the effect of such cases, you need to produce the right proofs and evidences that the court is looking forward to. In addition to this, you can make surgery claims in case there is a type of botched up surgery. Thus, the right help will ensure that you get the money released for compensation claims.

Role Of Investigating Services In Finding Missing People

We all believe in the fact that world is small but whenever we go on mission of finding missing people, we realize its vastness and in such situation investigation services comes in use. Any person can abscond or go missing, anytime and it’s not easy to trace. However there are several ways by which you can find out such missing person such as:

Use of Web world—You should not hesitate in using web world as first attempt of finding people on search engine like Google, Yahoo, AltaVista and MSN search etc. Just by typing the name of the person, city or country they might reside in, you might find out your missed one. The search can also be done on websites of FBI, Interpol, Delhi police, Mumbai police etc. However, result is not certain. After failure of your attempt in online world you must think of second and ultimate attempt that is:

Contact Investigation/detective services– Investigation services have easy access to Public records, Business records such as Director Searches and Voter Registration etc. with help of which they can give good results in searching missing people. They charges varying fee depending on information available for finding missing people uk. The missing person may belong to personal case or corporate assignment by doing fraud with the company so the investigations keep all details and search procedure in strict secrecy. These investigation services hire generally the retired police/defense officers so they do the search without violating any legal criteria which ultimately saves you from being trapped in any legal issues further.

However, in today’s world of cut throat competition investigation services must be chosen wisely after doing a research in the term and past records of the company. This research can be easily done online in few minutes .You must be aware of the fact that almost all investigation services do not charge any fee if they fail in finding your missing one. So if a person of your professional / personal concern is missing, do not hesitate in contacting such investigating services online to find them.