Leading South East law firm Thomson Snell & Passmore has successfully advised block management software company, Resident Property Management Ltd, in updating their standard customer licence agreement for Resident's proprietary block management software. They also helped Resident to prepare for the upcoming General Data Protection Regulation (GDPR), the EU-wide regulation that imposes stricter regulations on how businesses handle personal data, coming into effect in May 2018.
Resident is an industry leader in the provision of cost-effective residential block management software and is based in Tunbridge Wells, Kent. Thomson Snell & Passmore's corporate & commercial team specialises in complex IT transactions, advised Resident on their contracts, including the data protection compliance aspects of these. Following the successful conclusion of the agreements, Thomson Snell & Passmore ran a GDPR workshop with Residentâ€™s Founder, Kate Boyes, and the entire team at Resident to equip them with the necessary knowledge to address the implications of the GDPR and to help them take steps to prepare for the changes ahead of the May 2018 deadline.
The corporate & commercial team, comments:
"We are very pleased that Kate and Resident approached us for legal advice and that we were able to achieve a successful outcome. The upcoming GDPR presents a very real challenge to UK companies of all sizes, and we are keen to continue educating our clients on preparing for it, ensuring they meet their GDPR requirements."
Commenting on the transaction, Kate Boyes, Founder of Resident and Group Managing Director of Alexandre Boyes, a local estate agent in Kent:
"I was very impressed with Thomson Snell & Passmore's deep understanding of the GDPR. Throughout the process, I felt reassured. The teams proactive manner and diligent legal advice has given me a thorough grounding with a very important piece of legislation, which I was not fully up-to-date with previously."