Commercial leases: the pitfalls of forfeiture

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Latest Briefings

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 […]

Board decisions made by delegation of powers can be challenged in court in Romania

By Mădălina Neagu, Andra Jegan To enable decisions to be passed efficiently, the Companies Law (31/1990) created flexible mechanisms and procedures allowing specific shareholder powers to be delegated to a company’s management. Such mechanisms have been successfully implemented by a vast number of companies and have enabled them to expedite corporate changes concerning their main […]

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Keystone takes on Nokia IP head in 10-strong hiring spree

Keystone Law has continued its hiring spree by adding another 10 lawyers from the likes of Berwin Leighton Paisner and Davenport Lyons. The list of hires also sees the firm, whose lawyers work remotely and are paid on a performance basis, take on Nokia’s director of legal and IP Stephen McCue, who joined Nokia from […]

Brick Court silk instructed on Tobin tax challenge

Brick Court Chambers’ Mark Hoskins QC has been instructed to mount a challenge against the financial transactions tax, known as the Tobin tax, that is to be adopted by 11 EU states. The UK had until last Thursday to launch a case against the EU-wide initiative that has already been given the backing of Germany, […]

Pay fascination

For those of you contemplating throwing all your cash out of an SUV before moving to a tree-house on a wind-farm, here’s some advice from Oscar Wilde: it is better to have a permanent income than to be fascinating. If you’ve just thrown your fountain pen at the computer screen, fair enough. But let us […]

Conyers Dill & Pearman wins awards at 2013 Asian Legal Business China event

Conyers Dill & Pearman has been named Offshore Legal Firm of the Year at the 2013 Asian Legal Business China Awards. The firm’s Hong Kong office was also commended for its involvement in the Yahoo!/Alibaba buyback deal, which was named TMT Deal of the Year. The event, now in its 10th year, recognises the achievements […]

Karanovic & Nikolic set to hold essay competition for Belgrade law students

Karanovic & Nikolic has announced that its Belgrade office will hold an essay competition for final-year law students of the University of Belgrade Law Faculty. Participants will be asked to prepare an essay on a subject related to commercial law and the winner will be awarded a summer internship at the firm’s Belgrade office.

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