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Case law round-up — Pensions Matter, March 2014... an overview of key pension cases and their practical implications download
In McCoy, it was held to be reasonable for the trustees of a SIPP to require the beneficiary of a lump-sum death benefit to complete a form of discharge prior to paying out the discretionary benefit.
Steve Webb has confirmed that the government is ‘actively exploring’ if it can amend the Pension Protection Fund (PPF) legislation in regard to employer insolvency.
The DWP has published a report that highlights the areas it believes have a strong case for an exemption from auto-enrolment duties for certain employees.
The government has now confirmed that ‘protected persons’ will not be prejudiced by the statutory override contained in the Pensions Bill.
Andrew Northage considers another case in which the FCA took enforcement action against inadequate anti-bribery procedures — even where no bribery had occurred.
It was announced on 29 January that the UK’s major supermarkets have agreed to report on how much food they waste each year.
Walker Morris regulatory team director Ray Watson provides an overview of the Competition Commission’s working paper on the profitability of payday lending companies.
Walker Morris has released the March 2013 edition of its Intellectual Property Matters publication.
The Tesco price promise that hit the news recently has come in for criticism from industry analysts and competitors.
After failing to complete on the purchase of a property and a subsequent diminution in value, the proposed buyers in Hooper v Oates were found liable for damages to be assessed at some later date.
The number of anaerobic digestion plants in the UK outside of the water industry has passed the 100 mark.
The 2013 Budget announced by Chancellor George Osborne on 20 March 2013 contained little or no news for the renewable energy sector...
Receivership Update — March 2013 download
Walker Morris has released its Receivership Update for March 2013.
Consumers are naturally drawn to brand names that clearly indicate the services being offered. It is therefore not uncommon for financial services to be offered using descriptive names such as Cash Today or Pay Day Loan.
Looking behind the corporate veil download
The Supreme Court has addressed the question of how far it is possible to ‘pierce the corporate veil’.
Tax changes are intended to make owning high-value residential property through companies less attractive.
On 6 March 2013, the Supreme Court delivered its eagerly anticipated judgment in Daejan Investments Ltd v Benson. The court overturned the earlier decisions of the Court of Appeal.
The judgments in Blemain Finance and Webb Resolutions against E.Surv surveyors just before Christmas saw a swing in favour of the lender. A recent ruling against Countrywide Surveyors reiterates that view.
A guarantor’s liability is contingent upon the underlying obligations it has guaranteed. If those underlying obligations are altered, the guarantor can be released.
It has been held that commingled collections of paper, metal, plastic and glass are compliant with the requirements of the EU Waste Framework Directive.