I have spent this afternoon
researching a piece of law dating back to over 100 years ago. Boring? Maybe.
Necessary? Unfortunately.
So why am I telling you about my
afternoon of trawling through dusty text books and law reports? Well, the
reason I had to do this is all down to a phone call that was never made. A
client made a certain business decision last year. No bad thing in itself.
However, at the time the client omitted to seek legal advice on the issue. When
the matter came to my attention recently I had to advise that unfortunately the
business decision which was taken has legal consequences which could require a
court application or two to put their house back in order. Now that business
decision, taken for economic reasons to reduce costs in the long term, could
have unintended economic results for the client.
The moral of the story? If you’re
not sure what legal effect a decision you’re thinking of taking might have on
your business, or even if it will have any legal effect, pick up the phone and
give us a call. We might be able to put your mind at rest, or we might have to
highlight some problems that you could be facing. We might even be able to save
you some money! Either way, you’ll have all of the legal information you need
to make your decision.
So, in the words of Carly Rae
Jepson, call me maybe!
Maria O’ Donovan
Wolfe & Co.
028 21177