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This article looks at the decision of the Football Disciplinary Commission to impose a £30,000 suspended fine on Reading Football Club and offers guidance to football clubs that are looking at funding options in light of this decision.
When is an investment scheme a CIS? download
Establishing or operating a collective investment scheme (CIS) is a regulated activity under section 19 of the Financial Services and Markets Act 2000 (FSMA).
A recent High Court case on fairly common facts has thrown up tricky issues as to how established surveyor negligence and summary judgment principles should be applied.
Some 10 years after having received advice from the defendant the claimant learned that the advice had been negligent and had caused him loss.
Among the questions answered is: I would like to enforce a money judgment by taking control of goods. Are there any practical points of which I should be aware?
It is comforting to solicitors and their insurers that indemnity policies will not be seen as an easy target to cushion clients’ bad business decisions.
Case shows that courts are reluctant to imply terms into contracts that have been freely negotiated between sophisticated parties...
Top tips for dealing with lay litigants, and some interesting recent cases.
Where a corporate lender agrees to release a debt, the lender will be entitled to a tax deduction, which can be used to reduce taxable profits.
The aim of the directive is to ensure that consumers who purchase a property are protected against the risks. It also introduces EU harmonisation requirements on lenders.
Commercial and technology lawyers at law firm Walker Morris advised PROACTIS on its collaboration agreement with Inspired Capital plc to develop an accelerated payment facility for UK SMEs.
Interest free instalment credit’s exemption from regulation has been extended.
This note sets out the key impact for lenders and lead generators and advises on what they need to do to ensure compliance.
David Hinchliffe of Walker Morris has been named Sports Lawyer of the Year for the second year running.
FCA to launch market study to assess competition in investment banking and corporate services download
On 19 February 2015, the FCA published its initial findings into potential competition concerns.
A new set of accounting standards came into force in the UK on 1 January 2015, replacing all existing accounting standards.
The use of ‘cash shells’ with a quotation on the London Stock Exchange is a tried and tested way of generating the cash to fund an acquisition trail.
Plevin v Paragon — non-disclosure of the amount of PPI commission paid to the lender rendered its relationship with the borrower unfair download
The Supreme Court has ruled that non-disclosure of the significant amount of commission earned by a lender created unfairness in the borrower’s relationship with it.
Walker Morris advises on £40m refinancing deal for Andrew Page Group.
On 6 November 2014, the Competition and Markets Authority (CMA) launched an in-depth investigation into both the personal current account sector and aspects of SME retail banking.