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Oct 10 2017

Leading Law Firm Expands With Bank Support

Jonathan Richards, Relationship Director, Commercial Banking for Lloyds Bank, left, with Peter Lynn, Senior Partner at Peter Lynn and Partners Solicitors

Leading law firm Peter Lynn and Partners are set to expand their presence across Wales and the South West and boost its turnover by 25 per cent after securing a seven-figure funding package from Lloyds Bank Commercial Banking.

To support the business’ expansion plans, Lloyds Bank Commercial Banking provided a £1.7 million finance package, which will provide the company with the working capital needed to continue to grow organically over the next five years.

The investment follows a significant period of growth for the company, which has increased its client base by 35 per cent over the past three years.

The firm was founded by Peter Lynn in 1999, when he opened the first office in Swansea. Since then the company has grown phenomenally and it now employs 73 members of staff across its seven offices.

The company was also recently named as the preferred legal partner of Swansea City Football Club.

Peter Lynn,…

Oct 5 2017

Cohabitation Agreements.

Sophie Pincott

More and more couples are living together without getting married and many people

believe that cohabiting couples have equivalent rights to married couples once they have lived together for a period of time (the myth of ‘common law marriage’).

However, this is not the case in England and Wales.

People who live together but do not marry never acquire the same rights and responsibilities as those who do get married, no matter how long they are together and regardless of whether or not they have children.

Nevertheless, if you own your own property, or are moving into a partner’s property, there are issues…

Oct 3 2017

Is A Prenuptial Agreement In Your Wedding Checklist?

Sophie Pincott

A pre-wedding checklist is essential and part of this checklist should be the consideration for a prenuptial agreement.

In today’s modern society, prenuptial agreements are no longer just for the rich and famous.   Courts are beginning to recognise the importance of a parties’ autonomy and will consider prenuptial agreements when all the correct procedures are followed and conditions are met.

Prenuptial agreements enable you and your future spouse to agree what you want for the future before you get married.  As you and your spouse are entering into an agreement of how the assets will be split should the marriage end,…

Sep 28 2017

Local Solicitor Warns Changes To Powers Of Attorney May Leave Older And Vulnerable At Risk

  • Ian Walker from Peter Lynn and Partners issues warning following FCA’s call to turn lasting powers of attorney (LPAs) fully digital
  • Proposals would remove the need for a physical ‘wet signature’
  • Solicitors say this could lead to a drastic increase in cases of financial abuse

Local solicitor Ian Walker from Peter Lynn and Partners has joined fellow members of Solicitors for the Elderly in warning against proposals to turn the LPA registration process fully digital.

An LPA is a powerful legal document that allows a person to appoint trusted individuals to make important decisions about their finances and property on…

Sep 27 2017

Peter Lynn & Partners Tee-Off for Ty Hafan

Peter Lynn, Natalie Whyatt and Catrin Stephens

Regional law firm, Peter Lynn and Partners supported Ty Hafan in their aim to raise as much money as possible as they entered a team in the annual Vale Hotel Golf Day last Thursday, 21st September.

Ty Hafan, Wales’ leading paediatric palliative care charity, relies on support from members of the public and businesses to continue the comfort, care and support they offer to life-limited children, young people and their families, and events like this are vital to the on-going success of the hospice.

Natalie Whyatt, Ty Hafan’s Corporate Partnership Manager for Cardiff & Vale, commented:

“Corporate donations from this type of…

Sep 26 2017

Law Firm Supports Mumbles RFC Junior Section

A handful of players from Mumbles RFC junior section

Leading Swansea law firm, Peter Lynn and Partners have donated training tee-shirts to the junior section of local side, Mumbles RFC.

The club, which has over 240 children aged 6 to 16 playing in its ranks, is one of the oldest in the area and are founding members of the Welsh Rugby Union.  John price Junior Section Secretary, commented: “we rely on the support of parents and local businesses to keep the junior section up and running and are grateful to Peter Lynn and Partners for their kind contribution”.

The sponsorship deal reflects the importance grassroots sport has to the corporate…

Sep 20 2017

New Pre-Action Protocol For Debt Claims

Adrian Jeremiah

The Pre-action Protocol for debt claims (“the Protocol”) comes into force on 1 October 2017 and may well have a severe impact on a business if it has outstanding debts due from individuals.

The Protocol will apply to any business (Limited/PLC, partnerships/LLP’s, sole traders and public bodies) when claiming payment of a debt from an individual (this includes a sole trader). The Protocol does not apply if the matter is covered by another pre-action protocol such as the protocol for mortgage arrears.

The Protocol does not apply to business-to-business debts (unless the debtor is a sole trader) and the Protocol sets…