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Landlords have won their appeal to claim unpaid rent for a period that a company is in administration and trading from a property as an expense of the administration.
According to a report by Addleshaw Goddard, the UK is too obsessed with home ownership and councils should focus on building homes for long-term private rent.
There has been unanimous support from the European Parliament’s Economic and Financial Affairs Committee for the agreement on the proposed CSMAD.
The European Commission published its plans for structural reform of the banking sector on 29 January 2014.
The government has announced a new planning court and reforms to the judicial review process, both of which are likely to benefit developers.
On 16 January 2014, the Financial Conduct Authority published its finalised guidance on supervising retail investment advice.
This section of InVest includes an update from the Financial Conduct Authority on the Retail Distribution Review post-implementation review timetable and more.
The BoE has published a statement relating to the exercise of the Financial Policy Committee’s powers to supplement capital requirements for the purposes of financial stability.
Addleshaw Goddard has released the January 2014 edition of its Corporate Finance News publication.
The advertising section of InCredit focuses on the ASA adjudication in Instant Cash Loans Ltd, t/a The Money Shop.
The market news section of InCredit focuses on the EC proposing a structural reform package on the EU banking sector and more.
The insurance section of InCredit focuses on the ABI good-practice guide for mobile phone insurance providers and more.
The mortgages section of InCredit looks at the European Council adopting the Mortgage Credit Directive and more.
The current accounts section of InCredit looks at BBA’s comment on the Which? release on overdraft charges and more.
This section of InCredit looks at the FSCS management expenses consultation and more.
The consumer credit section of InCredit looks at the Consumer Rights Bill progress and the BSA and FLA response to FCA CP13/10 on consumer credit regime.
The enforcement section of InCredit looks at the Sentencing Council’s definitive guidelines for fraud, bribery and money laundering.
Parties to litigation need to be aware of the gravity of signing a statement of truth: signing an apparently false statement may lead to proceedings for contempt of court.
This is the latest in Addleshaw Goddard’s series looking at how the courts are implementing the Jackson reforms to civil procedure introduced in April 2013.
Parties to litigation need to consider the risk that their commercially confidential information may be disclosed, either to the other side or to the general public in the course of the litigation.