Kickstarting SME finance? Government publishes response to consultation on the nullification of contract clauses that ban invoice assignment

October 14, 2015

The Department for Business, Innovation & Skills recently published its response to a government consultation on a proposal to nullify clauses in contracts which prohibit the assignment of invoices. BIS’s intention is to remove contractual barriers to selling invoices in order to improve SME access to finance and the culture of prompt payment.

Our FW Partner Jonathan Segal examines the proposal in more detail here.

 


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Jonathan Segal
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Direct dial: +44 (0)20 7614 2591
jsegal@foxwilliams.com

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