Last Updated on 1 January, 2025
Welcome to WhatsLaw.co.uk (the “Site”). These Terms of Use (“Terms”) govern your use of the services provided by FriendsInvest Limited (“we,” “us,” or “our”), including services related to preparing founders’ agreements and relevant filings (the “Services”).
Please read these Terms carefully before using the Site or Services. By accessing or using the Site or Services, you agree to be bound by these Terms.
1. What comprises this agreement?
1.1. Who are we?
We are FriendsInvest Limited, a limited company (company number 15576861) registered at 355 St. John Street, London, England, EC1V 4LB (referred to in these Terms as "we," "our," "us," or "WhatsLaw").
1.2. Who are you?
You are an individual or entity accessing or using our Services (referred to as "you," "your," or "Customer").
1.3. When do you agree to enter into this Agreement?
By accessing or using our Services, you agree to abide by these Terms, which govern your access to and use of the Services. The Terms form the "Agreement."
1.4. Key Definitions:
Services: The preparation of founders' agreements, business filings, and other similar services we provide to help you set up and manage legal documentation for your business.
Confidential Information: Information disclosed by either party that is proprietary or confidential, including business plans, customer lists, or any other sensitive data.
Payment Method: A valid and accepted method of payment that you provide to us to process payment for our Services.
2. What are we providing you with, and what can you do with it?
2.1. On what basis are you provided access to our Services?
In exchange for your payment of the applicable fees, we provide you with access to our Services, including document drafting, business filings, and legal guidance related to founding agreements. The use of these Services is subject to your adherence to all applicable laws and these Terms.
2.2. Which actions are prohibited?
You agree not to:
Use the Services for illegal or fraudulent purposes.
Modify or distribute any documents or materials provided by us without permission.
Use any content provided by us for any commercial purposes other than your own business without our consent.
2.3. How must you conduct yourself when using our Services?
When using the Services, you must ensure that any information or data you provide does not:
Contain any defamatory, obscene, offensive, or inflammatory content.
Promote or contain material related to violence, terrorism, or sexually explicit content.
Promote discrimination based on race, ethnicity, gender, religion, or other characteristics.
Violate any third-party intellectual property rights or legal obligations.
Misrepresent your identity or deceive others.
Promote illegal activities or violate any applicable laws.
2.4. What happens if you do not comply with these rules?
If you fail to comply with these rules, we reserve the right to take appropriate action, including suspending or terminating your access to our Services without any liability to you.
3. How do you access the Services?
3.1. How do you sign up for the Services?
You can sign up for our Services through our website at whatslaw.co.uk. By registering for our Services, you agree to provide accurate and up-to-date information.
3.2. Who is responsible for your account information?
You are responsible for ensuring that your account information is accurate and current. You agree not to use any false information when registering or using our Services.
4. What can you expect from us?
4.1. How do we provide the Services?
We will provide the Services in accordance with this Agreement, using reasonable efforts to ensure the accuracy and quality of the services provided. However, we make no guarantees that the Services will be error-free or suitable for your specific needs.
4.2. Do we make modifications to our Services?
We may update or modify our Services at any time to improve their functionality. If any significant changes occur that impact the Services provided, we will notify you.
5. Do we provide professional advice?
5.1. Can our Services be used as a substitute for professional advice?
Our Services do not constitute legal, financial, tax, or other professional advice. You agree not to rely on any of our Services, documents, or content as a substitute for formal professional advice.
5.2. Is WhatsLaw a law firm?
FriendsInvest Limited is not a law firm. We are not authorized or regulated by any legal authority to provide “reserved” legal services, including litigation or probate. Our services are limited to general commercial matters.
5.3. Are you subject to fewer protections by using WhatsLaw?
Yes, because we are not a law firm, you do not have access to regulatory protections that apply to law firms, including professional indemnity insurance, ombudsman complaints, or legal professional privilege.
6. Fees and Payment
6.1. How are fees calculated?
The fees for using our Services are set out on our Website and will be charged in accordance with the package or service you have chosen. All fees are payable in British Pounds Sterling (GBP) unless otherwise stated.
6.2. How do you pay for the Services?
Payment must be made via a valid Payment Method at the time of purchasing our Services. We use third-party payment processors to handle transactions, and you agree to their terms and conditions.
6.3. Can we change our fees?
We reserve the right to change our fees at any time. Any changes will apply to future services, and you will be notified before any increase takes effect.
7. Termination of Access
7.1. When can your access be terminated?
We reserve the right to terminate or suspend your access to the Services if you violate these Terms or fail to make payment when due. We will notify you if we exercise this right.
7.2. What happens on termination?
If your access is terminated, you will no longer be able to use the Services, and any outstanding payments owed to us will remain payable.
8. Liability and Disclaimers
8.1. What is the maximum amount we will be liable to you for?
Our maximum aggregate liability to you, whether for breach of contract, tort (including negligence), or otherwise, will be limited to the total amount you have paid to us for Services during the 12 months preceding the event giving rise to the liability.
8.2. Are we liable for death, personal injury, or fraud?
Nothing in these Terms will exclude or limit our liability for death or personal injury caused by our negligence or for fraud or fraudulent misrepresentation.
8.3. Are we liable for consequential or indirect loss?
We are not liable to you for any consequential, indirect, special, incidental, or punitive damages, even if foreseeable.
8.4. Are there other losses for which we are not liable?
We are not liable for losses such as loss of profits, business opportunities, goodwill, data, or any wasted expenditure incurred as a result of reliance on our Services.
9. Confidentiality
9.1. What confidentiality obligations apply?
Both parties agree to keep all confidential information disclosed during the provision of the Services confidential, unless required by law to disclose such information.
10. Disclaimers Regarding Use of Services
10.1. Can you rely on the information we provide as legal advice?
Our Services are designed to assist with business documentation and filings. We do not guarantee that the information provided is accurate, complete, or up-to-date. The content is provided "as-is" and should not be used as a substitute for professional advice.
10.2. Can anyone else rely on the information you access through the Services?
The documents and outputs generated through your use of our Services are for your internal business use only. No third party may rely on them, and we are not liable to any third parties for reliance on such materials.
11. Other Legal Considerations
11.1. What happens if we are prevented from performing our obligations due to events outside our control?
We will not be liable for any failure or delay in performing our obligations due to circumstances beyond our reasonable control, including but not limited to strikes, power outages, or natural disasters.
11.2. Does this Agreement prevent us from entering into similar agreements with others?
No, this Agreement does not prevent us from entering into similar agreements with other organizations or individuals.
11.3. What law governs this Agreement?
This Agreement is governed by English law, and any disputes will be subject to the exclusive jurisdiction of the English courts.
If you have any questions about these Terms, please contact us at:
Email: willem@friendsinvest.co.uk