Development news — 12 February 2014
The government has announced a new planning court and reforms to the judicial review process, both of which are likely to benefit developers, while the Supreme Court has handed down judgment in two appeals relating to a land owner’s ability to remove a village green registration.
Justice secretary Chris Grayling MP announced the creation of a new planning court, which will be established by summer 2014. Disputes over major developments will be fast-tracked to the new court where specialist planning judges will be deployed. It is hoped that this will significantly reduce the time taken to hear the cases as they are currently often taking more than a year to resolve.
The reforms, some of which were introduced to parliament the week commencing 10 February 2014 via the Criminal Justice and Courts Bill, include the following, which will be of relevance to the real-estate sector, and are seemingly designed to discourage all but the most robust claims…
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InCredit March 2014 — mortgages: Mortgage Credit Directive text published in OJEU; FCA publishes findings to MCOB survey; and more
The text of the Mortgage Credit Directive (MCD) (2014/17/EU) has been published in the Official Journal of the EU.
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Analysis from The Lawyer
Could Slater & Gordon achieve its stated aim of becoming a top consumer brand by acquiring Pannone?
The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.