Late Payment of Commercial Debts (Interest) Act 1998: Primary legislation that establishes statutory interest rates for late payments and sets compensation amounts for debt recovery costs

Late Payment of Commercial Debts Regulations 2013: Implements EU Directive 2011/7/EU, setting maximum 60-day payment terms (unless expressly agreed) and 30-day default payment period

Limitation Act 1980: Establishes time limits for bringing claims, specifically 6 years for simple contracts in England and Wales

Companies Act 2006: Specifies requirements for company information that must be included in business communications

Common Law Contract Principles: Fundamental principles governing contract formation, breach, and available remedies under English common law

Industry Codes of Practice: Sector-specific guidelines and standards that may affect payment terms and dispute resolution procedures

Contract Terms: Specific payment terms and conditions agreed between the parties in the original contract

Prior Correspondence: Previous communications between parties that may affect the dispute or demonstrate attempts to resolve the payment issue