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Latest Briefings

Newsflash: Canary Wharf Brexit frustration dispute settled

By Gwendoline Davies, Martin McKeague We reported, in February this year, the High Court’s decision in Canary Wharf v EMA [1] that Brexit will not frustrate (and therefore effectively terminate) the European Medical Agency’s lease at Canary Wharf. The High Court’s decision was generally welcomed because, had the High Court found for the EMA, countless leases and commercial contracts […]

A new energy and carbon reporting framework is in force

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson A new energy and carbon reporting framework applies from 1 April 2019, following abolition of the CRC Energy Efficiency Scheme and the introduction of corresponding increases in rates of climate change levy. The Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations […]

Directors’ remuneration: New regulations are in force

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson The Companies (Directors’ Remuneration Policy and Directors’ Remuneration Report) Regulations 2019 have come into force. The regulations introduce new requirements in relation to a company’s remuneration policy and remuneration report. The Companies (Directors’ Remuneration Policy and Directors’ Remuneration Report) Regulations 2019 (2019 Regulations) came into […]

Consultation launched into corporate transparency and reform of the Companies Register

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson On 5 May 2019 the Department for Business, Energy and Industrial Strategy published a consultation on proposals to increase the transparency of UK corporate entities and to enhance the role of Companies House. The potential reforms would amount to the biggest changes to the UK […]

New proposals to make disclosure of distributable reserves mandatory

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson Concerns are mounting that the capital maintenance regime is being undermined and that the time has come for the disclosure of distributable and non-distributable reserves to be mandatory within a company’s audited accounts. Over the last few months there have been numerous reviews and consultations […]

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Third parties and arbitration agreements: Fortress Value v Blue Skye

In the recent case of Fortress Value Recovery Fund I LLC and others v Blue Skye Special Opportunities Fund LP and others, the English Court of Appeal considered the relationship between the Arbitration Act 1996 and the Contracts (Rights of Third Parties) Act 1999 to determine the extent to which third parties to a contract […]

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Gordon Pollock QC steps down as head of Essex Court

Essex Court Chambers’ Gordon Pollock QC, one of the longest serving heads of chambers at the bar, is to stand down from the role. The Lincoln’s Inn set has named Richard Jacobs QC and Graham Dunning QC as co-heads of chambers, succeeding Pollock after almost 21 years in the role. Pollock, widely regarded as an […]

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Walker Morris appoints former Deloitte chief as non-exec

Walker Morris has named former Deloitte managing partner Stuart Counsell as its first non-executive board director. Counsell spent over three decades at Deloitte, ending his career at the Big Four accountancy firm as managing partner of the finance and legal divisions. The Leeds firm is the latest in a string of UK firms to appoint […]

Taylor Wessing’s night of joy

For those who managed to scramble their way into work today, bravo. Not only are you all gold stars in the legal industry, you’re also jolly good fun. If anyone’s wondering what on earth we’re talking about, it was only the biggest event of the legal calendar last night – The Lawyer Awards. For the […]

Challenge to fees charged by lenders in the Czech Republic

Over the last few months, the lawfulness of certain fees charged by Czech retail lenders to their borrowers has been challenged. Tens of thousands of customers have reportedly claimed that fees they paid should be refunded. Several first-instance decisions have been issued that ruled that fees were charged unlawfully and should be refunded. These decisions […]

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