Bitter response to Irvine's 'hijack'

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Latest Briefings

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

English Courts grants freezing order against unidentified individuals

By Nick Curling In CMOC v Persons Unknown [2017] EWHC 3599 (Comm) the claimant, China Molybdenum Company (CMOC), successfully obtained a worldwide freezing order against a class of unknown respondents. This was the first time the English Courts have granted a freezing order against unidentified individuals. Background The claim underlying CMOC’s freezing order application related to losses […]

Pay.UK releases rules and guidance for the confirmation of payee (CoP) service

By Elena Kyriakou On 18 October 2018 Pay.UK announced it had released to the market the standards, rules and guidance for the confirmation of payee (CoP) service. This is the latest in the line of industry initiatives to help protect consumers from falling victim to Authorised Push Payment (APP) fraud. When delivered by payment service providers, […]

Social housing monthly law update – October 2018

By David Isaacson Highlights of this month include: Autumn budget coming up Government announces new generation of council housing Bereavement (Leave and Pay) Act 2018 receives Royal Assent Government announces new housing measures Download the full update to get fully up-to-speed on the past month.

Austria – Has due diligence obligations for shareholder creditors increased?

The Austrian Insolvency Code provides for the possibility to challenge certain disadvantageous transactions carried out by the debtor after material insolvency has occurred, especially if the creditor knew or should have known of its debtor’s material insolvency. This risk of legal actions being contested is of particularly high relevance for shareholders who are also creditors […]

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Litigation Disciplinary Tribunals 22/07/97

Howard Frank Hatton, 45, admitted 1975, practising at material time as partner in Hatton Scates & Horton, Manchester, struck off and ordered to pay £4,140 costs. Allegations substantiated he dishonestly or improperly used client money for his own benefit, mishandled client money, caused false and improper entries to be made in his firm’s accounts books […]

Medical costs: should the victim pay?

The Government is proposing to make insurers liable for the medical costs of road accident victims, but victims could find it is their settlement figure that is hit, says Peter Livingstone. Peter Livingstone is a partner at Clarke Willmott & Clarke. New measures proposed by the Government to recover the cost of medical care for […]

FIDs abolition branded a 'penalty on success'

City lawyers are becoming increasingly dismayed at the Government’s confusion over foreign income dividends (FIDs). The Chancellor of the Exchequer, Gordon Brown, evidently felt that abolishing FIDs in the Budget would be a means of raising revenue in a way that would pass unnoticed by the majority of the electorate. They are due to be […]

Mears gives up politics after defeat

Twice defeated presidential candidate Martin Mears has announced that he will withdraw from front-line Law Society politics but will stay on as a member of the council. Mears, who lost last week’s election by a margin of 8,000 votes to rival Phillip Sycamore, said: “I always said if I lost by one vote I would […]

Debevoise & Plimpton lures arbitration expert from rival

Debevoise & Plimpton has poached leading arbitration lawyer Arthur Marriott QC, and two of his assistants, from the London office of rival US firm Wilmer Cutler & Pickering. Marriott is to set up an arbitration unit at his new firm, which, until now, has been referring its international arbitration work to its Paris office or […]

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