Stephen  Lloyd

Stephen Lloyd

Partner and senior counsel, Bates Wells Braithwaite

Stephen Lloyd is partner and senior counsel at Bates Wells Braithwaite. He has been a partner at BWB since 1984, and has particular expertise in the interface between charities and trading.

He is author and presenter of numerous articles and seminars, and an adviser to CAF's Venturesome Investment Fund. He is a former chairman of the Charity Law Association, and current chairman of CaSE, LifeHaus Plc and the Centre for Innovation in Voluntary Action.

Lloyd was instrumental in creating the Community Interest Company legal structure.

 

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Trustees and insurance

In a recession, insurance claims rise. But that is just one reason for trustees to get more involved in their insurance. Here are a few tips on things to look out for…

Business should be more like charity, says Stephen Lloyd

Credit rating agencies and certain parts of auditing businesses should become not-for- profit, according to Stephen Lloyd, senior partner at Bates Wells & Braithwaite. In a colourful lecture to charity experts yesterday entitled Capitalism in Crisis: Lessons from the Not-for-Profit Sector, Lloyd said the recession had uprooted the prevailing view that the voluntary sector needed to learn from the private sector and possibly even turned the tables.

Overseas relations

English charities which are subsidiaries of foreign organisations must make their own decisions, explains Stephen Lloyd.

Using the CIC to double up

The advantages of joint ventures for trading – and how the Community Interest Company form may be used

Quite frankly if the leadership team can't announce bad news they shouldn't be in the job. Where on earth did this idea come from?

» Charity boards should communicate redundancies to staff, says NPC report

Annual reports: hiding is no option

Stephen Lloyd responds to a trustee rightly concerned about the consequences of not fully disclosing details of major risk facing the company in their annual report, as required under the Companies Act 2006.

Are trustees at risk?

Stephen Lloyd and Tracey Reynolds examine the types of risks trustees face and whether insurance can help with these risks.

Charities and fraud

One of the risks that any charity faces is fraud. It is not a major risk – only a few charities, thankfully, are the victims of frauds. But fraud happens. It can involve employees, volunteers or property.

Ensuring insurance

Have you considered all of the areas of insurance you might need cover for?

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